Heard on street, CFFEX relax index futures by three points:
1). Increase open orders from 10 to 20 lots per day;
2). Intraday closeout fee down to 6bp from current 23bp;
3). Lower margin down to 15% from current 40%. It is said this will be announced soon.
note: 1) and 3) are for retails, not for hedgers.