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China relaxes trading Canada Goose Online rules on stock canada goose coats on sale index futures
SHANGHAI/BEIJING (Reuters) China securities regulator https://www.goosesale.ca said late on Thursday it will relax Canada Goose online certain rules on stock index futures trading canada goose clearance as the government starts to gradually unwind restrictions imposed during the 2015 stock market crash.
Investors look at an electronic board showing stock Canada Goose sale information on the first trading day after canada goose store the New Year holiday at a brokerage house in Shanghai, China, January 3, 2017. REUTERS/Aly Song
Starting on Friday, rules restricting trading in stock index futures will cheap Canada Goose be eased, doubling the previous daily cap of 10 contracts to 20. In addition, margin canada goose requirements and trading fees canada goose outlet toronto factory for the derivative trading will also be lowered.
The announcement was immediately seen by canada goose black friday sale some hedge fund managers as canada goose deals a positive harbinger for China thinly traded index futures market, but Canada Goose Coats On Sale optimism was restrained.
is coming. This is encouraging, said Fang Ming, a senior executive at Shanghai based hedge canada goose replica fund house Canada Goose Jackets MingShi Investment.
the moves are more symbolic in nature, and will give limited support to market 2018 canada goose outlet liquidity, he said, adding the new daily cap of 20 contracts is still too restrictive.
China imposed a series of restrictions on stock index trading during Canada Goose Outlet the canadian goose jacket stock market crash in the summer of 2015, blaming the derivatives for worsening a crisis that sent shockwaves across global financial markets.
As a result, trading in China stock index futures tumbled, nearly killing a market that canada goose clearance sale provides much needed hedging tools for investors in a volatile stock market.
Under the leadership of the China Securities Regulatory Commission (CSRC), the China Financial Futures Exchange has decided to adjust trading rules a gradual and orderly manner, to enable market forces play a bigger role, according to Canada Goose Parka an exchange statement, which was also canada goose uk posted by CSRC.
Margin requirements for what is seen as buy canada goose jacket cheap speculative trading in CSI 300 Index Futures and SSE 50 Index Futures canada goose coats will be slashed to 20 percent, from 40 percent, while the canada goose outlet store locations requirements for trading in the CSI500 Index Futures will be reduced to buy canada goose jacket 30 percent from 40 percent.