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China releases rules for index trading

(China Daily)
Updated: 2007-04-09 09:33

China's securities regulator on Friday released detailed rules to guide firms dealing in stock index futures that will be launched this year. The draft rules, posted on the website of the China Securities Regulatory Commission (CSRC), requires a firm to have a registered capital of at least 50 million yuan (US$6.47 million) in order to deal in index trading. CSRC is seeking public opinion on the draft till April 12.