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China Further Relaxes Curbs on Tool for Betting Against Stocks

2019年04月22日 20:37 来源于 财新网
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Exchange raises daily trading limit on index futures, lowers commission charge and margin requirement
From Monday, the financial futures exchange set a new cap on an investor’s daily open positions at 500 lots per futures contract, 10 times the previous limit. Photo: IC

*The daily trading limit on stock-index futures was raised Monday, while the commission charge was lowered, in a move to improve market liquidity and lower trading costs

*During the 2015 market crash, regulators imposed a series of curbs on stock-index futures. After the market stabilized in 2017, watchdogs began to loosen the restrictions, yet investors have complained progress has been insufficient

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