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

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
Home / World

QFIIs get OK to open accounts in index futures market

By Wu Yiyao in Shanghai | China Daily | Updated: 2013-01-26 08:20

QFIIs get OK to open accounts in index futures market

Several foreign institutional investors have received approval to be the first to open accounts in China's share price index futures market, the China Financial Futures Exchange confirmed on Friday.

The exchange did not reveal the names of the QFIIs or how many had obtained approval to trade in the index futures market, but insiders at the exchange told the China Daily there were fewer than 10.

Zhou Danping, product manager and analyst with Xinhu Futures Co Ltd, applauded the move.

"Opening the market will help foreign investors hedge risks in complicated portfolios, and in the long run add liquidity to China's index futures market," he said.

China's capital market regulators, including the China Securities Regulatory Commission, the People's Bank of China and the State Administration of Foreign Exchange, have introduced detailed policies over the past two years for QFIIs entering the index futures market.

"The move will help improve the structure of investors, and will bring China's index futures market closer to the global market," Zhou said.

In the long run, QFIIs will bring more liquidity to the futures market and stock market as China's policy makers continue to open the country's capital market to the world, Zhou said.

Under current regulations and quota limits for trading, QFIIs are approved only to take part in hedging and cannot speculate when trading.

"Entering China's index futures market will help QFII players design more derivatives," said Zhang Ligang, a Shanghai-based investment consultant. "The move will also help prevent a unilateral market, which may increase trading volume of stocks," Zhang said.

Zhou said the effect of QFIIs entering the share price index futures market may not be noticed in the short term with the limited volume of capital flowing into the market due to regulations.

"Investors do not need to worry that QFIIs' involvement will bring significant fluctuation to the futures market in the short term," Zhou said.

China has 124,000 index futures accounts with some 90 percent having trading records, according to the exchange's statistics by mid-December.

Trading activities in the market is reasonable, stable, and mature under strengthened regulations, according to the exchange.

wuyiyao@chinadaily.com.cn

(China Daily 01/26/2013 page9)

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
调兵山市| 乌审旗| 赤城县| 新竹县| 新龙县| 福州市| 泾阳县| 武强县| 武冈市| 永登县| 诸暨市| 茂名市| 阿克| 东阳市| 博白县| 金湖县| 正安县| 陵川县| 阜阳市| 潼南县| 彭水| 鸡西市| 涟源市| 崇州市| 子长县| 镇宁| 徐汇区| 荆州市| 老河口市| 宁陕县| 九龙城区| 昌图县| 江阴市| 通州市| 建宁县| 胶南市| 滕州市| 赣榆县| 阿巴嘎旗| 湖州市| 顺平县|