CFFEX announced that will loosen the limit on index futures since Feb 17:
1). Increase open orders from 10 to 20 lots per day; 2). Intraday closeout fee down to 9.2bp from current 23bp;
3). Lower margin down from current 40% to 20% for CSI300 and SSE50 and 30% for CSI500.
Note: 1) and 3) are for retails, not for hedgers.
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