男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Top Biz News

China launches stock index futures trading accounts

(Agencies)
Updated: 2010-02-22 08:41
Large Medium Small

SHANGHAI:?Chinese investors will be able to begin applying on Monday to open accounts for stock index futures trading, the China Financial Futures Exchange said, in a key step toward the long-awaited launch of index futures trade.

The exchange was set to begin taking applications at 9 am, state media reported.

Individuals will be required to have a minimum of 500,000 yuan ($73,250) to open an account, while initial margins will be set at 15 to 18 percent.

China launches stock index futures trading accounts

An individual investor is applying for stock index futures trading account Monday at a futures brokerage firm in?Shanghai. [Xinhua]?

China is launching stock index futures, along with margin trading and short selling of stocks and other reforms, to deepen its financial markets with hedging tools and new products while improving liquidity, as it aims to build Shanghai into a global financial centre over the next decade.

The Xinhua state news agency on Saturday quoted a regulatory official as saying that rules for stock index futures trade had received formal approval and that the way would be cleared to start opening accounts within the next few days.

Regulators have said, however, that it was likely to take about three months to prepare for the launch of stock index futures trade following the initial announcement of regulatory approval in January.

Related readings:
China launches stock index futures trading accounts China approves final rules for index futures
China launches stock index futures trading accounts China finalizes high thresholds for index futures
China launches stock index futures trading accounts Index futures tweaked to curb trading risks
China launches stock index futures trading accounts CSRC unveils draft rules for stock index futures investment

The Shanghai and Shenzhen stock exchanges are also moving forward with preparations for a pilot programme for margin trading and short selling of stocks, recently setting the scheme's initial basket of eligible stocks to include the 50 shares of the Shanghai 50 Index?and the 40 shares of the Shenzhen Component Index.

The exchanges also set rules for using stocks, exchange-traded funds, and other instruments as collateral.

Stock index futures are an agreement to buy or sell an index at a certain price on an agreed date. Index futures will give investors a mechanism to profit from declines in stock prices, allow them to hedge risks and help ease market fluctuations.

China's A-share stock bourses in Shanghai and Shenzhen will resume trade Monday. They stayed closed during the one-week Spring Festival, the most important Chinese traditional festival for family reunions.

主站蜘蛛池模板: 长顺县| 和平区| 揭东县| 乐清市| 汤原县| 苍山县| 蕉岭县| 双桥区| 静宁县| 新乡市| 中方县| 永善县| 湄潭县| 腾冲县| 西华县| 岳阳市| 淮阳县| 奉贤区| 任丘市| 锡林郭勒盟| 迁安市| 中宁县| 西畴县| 渭源县| 长宁县| 乳山市| 建湖县| 秦皇岛市| 红桥区| 喜德县| 平原县| 武邑县| 广宁县| 太湖县| 塘沽区| 招远市| 唐海县| 东阿县| 旬阳县| 大冶市| 五家渠市|