日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Top Biz News

CSRC unveils draft rules for stock index futures investment

By Li Xiang (China Daily)
Updated: 2010-01-16 07:54
Large Medium Small

China's securities watchdog on Friday issued a draft regulation on the requirements for investors to trade stock index futures.

Investors are required to have a minimum of 500,000 yuan ($73,237.54) to trade in index futures and must have experience in simulated index futures trading or commodity futures trading, according to the draft published by the China Securities Regulatory Commission (CSRC), which is open to public comment until Jan 22.

It requires investors to trade index futures during the trial period for at least 10 trading days and must engage in at least 20 transactions. Investors will also be asked to complete a training course and pass a test conducted by securities firms.

"Unlike stocks and bonds, the index futures are a financial tool of high leverage and risk that require professional knowledge and trading experience, and are therefore suitable for average retail investors," said an official with the CSRC.

"The purpose of the regulation is not to restrict investors from trading but to protect their fundamental interests," he added.

Investors will also be evaluated based on four criteria including age and educational background, trading experience, financial status and their personal credit record.

"The regulation has significant implications," said an official with the Shanghai-based China Financial Futures Exchange (CFFEX).

"Those requirements are the basic prerequisites for an investor to trade index futures and they may help maintain market stability," added the official from CFFEX, which has been granted approval from the CSRC to launch the country's first stock index futures.

Related readings:
CSRC unveils draft rules for stock index futures investment Regulator ironing out nitty-gritties
CSRC unveils draft rules for stock index futures investment China's 'big step' on futures to boost investment
CSRC unveils draft rules for stock index futures investment Index futures get nod from State Council
CSRC unveils draft rules for stock index futures investment Index futures on deck for foreign investors

Analysts say one major potential risk that index futures have for investors is that they could lose their entire capital while also facing the risk of owing huge debts to securities companies.

In order to control risks, the CSRC may hike the margin requirements for index futures from 10 to 12 percent. It will also significantly reduce the single-day maximum holding of futures contracts to 100 from 600 during the trial period.

Trial trading of index futures has been taking place at CFFEX for three years. CFFEX has been conducting trading systems tests and running a series of programs to educate investors about potential risks.

Around 850,000 investors have so far opened accounts to participate in the simulated trading and very positive results have been achieved, the CFFEX official added.

主站蜘蛛池模板: 99精品福利视频 | 青青草成人网 | 精品一区二区av | 91社在线播放 | 四虎午夜影院 | 亚洲www在线观看 | 日本免费精品视频 | 超碰天天 | 黄色av免费看| 手机av网站 | 欧美精品一二三区 | 亚洲激情欧美激情 | 美女一区二区视频 | 日韩国产在线观看 | 99国产精品一区二区 | 中文字幕在线视频网站 | 黄色资源在线 | 久久不射视频 | 欧美日韩在线观看视频 | 欧美一a一片一级一片 | 999国产| 日韩欧美一区二区三区久久婷婷 | 一区二区三区美女视频 | 午夜成人在线视频 | 猫咪av网址 | 爱爱视频网站免费 | 在线观看免费黄色网址 | 色综合中文 | 欧美自拍第一页 | 丁香婷婷视频 | 国产精品成人在线视频 | 一区二区三区四区视频在线 | 香蕉视频最新网址 | 日韩欧美中文字幕在线播放 | av狠狠干 | 一区二区三区亚洲 | 韩国一级黄色录像 | 国产三级小视频 | 最近2019中文字幕大全第二页 | 久久综合狠狠综合久久综合88 | 伊人久久一区二区三区 |