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Policy News -- Feb 16, 2017

Fang submitted 2017-02-16 20:33:59

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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