国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

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)
昆明市| 江安县| 穆棱市| 女性| 武胜县| 汶上县| 清流县| 哈巴河县| 岗巴县| 嘉祥县| 安泽县| 西林县| 怀远县| 临夏县| 高淳县| 双流县| 海安县| 汕头市| 库尔勒市| 文登市| 洛隆县| 北宁市| 沁阳市| 福泉市| 嘉义县| 辉南县| 福州市| 怀化市| 雅江县| 杂多县| 视频| 庆安县| 平原县| 县级市| 时尚| 宣化县| 灯塔市| 盘锦市| 长丰县| 赣州市| 莒南县|