综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Top Biz News

China finalizes high thresholds for index futures

(Agencies)
Updated: 2010-02-10 15:25
Large Medium Small

Chinese regulators have finalized high thresholds for potential investors trading the country's first stock index futures, effectively confining them to institutions and wealthy individuals initially to curb risks.

Investors must have at least 500,000 yuan ($73,250) in individual accounts to meet potential margin requirements, the China Financial Futures Exchange said in rules published late on Monday, finalizing earlier draft regulations.

Investors must also have passed relevant examinations on futures trading, must have participated in mock trading in index futures for at least 10 days and conducted at least 20 mock transactions, according the exchange rules published on its website, www.cffex.com.cn.

"The rules are formulated to guarantee stable, standardized and healthy operations of the index futures market, curb risks and protect legitimate rights and interests of investors," the exchange said.

Statistics issued by the China Securities Depository and Clearing Corp, www.chinaclear.cn, showed that fewer than 3 percent of Chinese retail investors had more than 500,000 yuan in their individual stock trading accounts by the end of last year.

Related readings:
China finalizes high thresholds for index futures CSRC unveils draft rules for stock index futures investment
China finalizes high thresholds for index futures Equities rise on rumors of stock index futures
China finalizes high thresholds for index futures Chinese shares rise for third day on news of stock-index futures

China has lacked sophisticated financial tools used in foreign markets that might help it manage unanticipated domestic stock price moves, often resulting in violent selloffs and sudden rises that can hurt investors.

For instance, the benchmark Shanghai Composite Index jumped 80 percent last year after slumping 65 percent in 2008.

The government last month approved in principle the use of tools vital for hedging that are commonplace in many sophisticated markets, such as short selling, stock index futures and trading on margin.

Regulators have said index futures, which will be traded on the China Financial Futures Exchange in Shanghai, will take about three months to start up, possibly in April.

宁晋县| 霍城县| 安溪县| 杨浦区| 大丰市| 南阳市| 滨海县| 灵武市| 苏州市| 都昌县| 高州市| 赫章县| 镇江市| 石泉县| 闸北区| 淮阳县| 登封市| 商丘市| 扬州市| 饶阳县| 昌黎县| 新平| 乡城县| 张家界市| 大兴区| 宁南县| 张家港市| 武安市| 天水市| 阆中市| 南安市| 巫溪县| 行唐县| 特克斯县| 大足县| 高青县| 牡丹江市| 铜鼓县| 康保县| 上思县| 长垣县|