CFFEX Invites Submissions on Futures Market Development
The CFFEX (China Financial Futures Exchange) is calling for research into the development and opening up of its financial futures market, signalling that the exchange might be looking to grant foreign investors greater access to domestic derivatives products.To get more news about cffex regulated forex brokers, you can visit wikifx.com official website.
Twists and turns
China launched its first financial futures on the CFFEX in April 2010. During the stock market turmoil of 2015, restrictions were imposed on index futures trading, though these have largely been lifted in recent years.
Earlier this year, the regulators announced a plan to start re-opening the domestic treasury bond futures market to some banks and insurers on a pilot basis, for the first time since restrictions were imposed in 1995. ICBC, Bank of China, and Bank of Communications were the first three institutions approved to participate in the pilot.
Currently, foreign investors can only trade stock index futures in China through the QFII and RFQII programmes, but only for hedging losses; not for speculation. However, it has been reported that Chinese regulators have been mulling an overhaul of its futures market to allow global investors to also execute bearish trades.
“Although the industry has undergone many twists and turns, with the passage of time, financial futures as a market-oriented risk management tool has become more and more popular in China in recent years, and has fully withstood market tests,” the CFFEX said in a statement.
the function of financial futures options, including under new market conditions as a result of Covid-19
the opening of financial futures to the outside world, including its necessity, risks and potential regulatory requirements for participants – drawing lessons from overseas exchanges
legal and regulatory systems, including on settlement models, market maker supervision, and rules for high-frequency traders
the relationship between futures and spot markets
the application of treasury bond futures at banks and insurers, and the use of financial futures in pension funds and corporate annuities
product innovation, including short-term interest rate futures, ultra-long-term government bond futures, and foreign exchange derivatives
financial technology, including its use for technical supervision, market analysis, and information system development
By | buzai232 |
Added | Feb 12 '23, 10:19PM |
The Wall