BIZCHINA> News
    Nation issues new regulations on futures trading
    (Xinhua)
    Updated: 2007-03-18 09:36

    The State Council, or China's cabinet, published on Friday the country's new regulations on futures trading, extending its coverage from commodities futures trading to financial futures and option contracts trading.

    The new regulations, which will come into effect on April 15 this year, no longer prohibits financial institutions from doing futures trading or raising funds and offering securities for futures trading.

    Futures companies will be considered financial institutions when securities dealers, fund management companies and commercial banks become the major participants in the financial futures market, said an official with the Legislative Affairs Office of the State Council.

    The Chinese futures market is required to improve its risk control system by setting up a guarantee fund and an interest compensation mechanism for futures investors, according to the regulations.

    The regulations, with the scope of application expanded, lay a legal foundation for the introduction of stock index futures and strengthen the supervision of the futures market, said Shi Jianjun, vice president of the China Futures Association.

    Fan Fuchun, vice chairman of theChina Securities Regulatory Commissionsaid earlier this month that the country is likely to launch the trading of stock index futures in the first half of 2007.

    Simulation trading was started in October last year to test the trading system at theShanghai-based China Financial Futures Exchange, which was inaugurated in September 2006 to become the country's first financial derivatives exchange.

    Currently investors can only profit when the stock index goes up. With the introduction of index futures, investors will be able to make money when the index falls.

    Market watchers believe the introduction of such derivatives will provide financial institutions with a much-needed tool to hedge risks but may also spur speculation and widen volatility.


    (For more biz stories, please visit Industries)
    乱人伦人妻中文字幕无码| 国产av无码专区亚洲av果冻传媒| 免费A级毛片无码无遮挡内射 | 中文字幕毛片| 熟妇人妻中文字幕| 4444亚洲人成无码网在线观看| 中文字幕丰满乱孑伦无码专区 | 国产欧美日韩中文字幕| 日韩亚洲国产中文字幕欧美| 本免费AV无码专区一区| 在线观看片免费人成视频无码| 中文在线√天堂| 亚洲人成无码网WWW| 国产午夜无码精品免费看 | 久久精品无码专区免费| 无码囯产精品一区二区免费| 中文字幕无码精品三级在线电影| 亚洲va中文字幕无码| 亚洲欧美日韩国产中文| 久久久噜噜噜久久中文字幕色伊伊 | 中文字幕无码AV波多野吉衣| 久久中文精品无码中文字幕| 成年无码av片在线| mm1313亚洲国产精品无码试看| 久久亚洲精品成人av无码网站| 亚洲av无码精品网站| 亚洲永久无码3D动漫一区| 熟妇人妻系列aⅴ无码专区友真希| 最近2018中文字幕在线高清下载 | 中文自拍日本综合| 久久丝袜精品中文字幕| 亚洲欧美日韩中文字幕一区二区三区| 中文字幕日韩欧美一区二区三区| yellow中文字幕久久网| 中文字幕乱码免费看电影| 无码精品A∨在线观看十八禁| 中文午夜乱理片无码| 无码人妻熟妇AV又粗又大 | 亚洲av无码成人精品区在线播放| 亚洲AV无码乱码在线观看性色扶| 小泽玛丽无码视频一区 |