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Policy News—Dec 2nd,2018

Fang submitted 2018-12-02 16:33:07

CFFEX announced that will loosen the limit on index futures since 3rd Dec, 2018:

1). Intraday closeout fee down to 4.6bp from current 6.9bp;

2). Lower margin down from current 15% to 10% for CSI300 and SSE50; lower margin down from current 30% to 15% for CSI500.

3)Single contract, intraday, buy open and sell open(except hedging) increase to 50 lots(the current limit is 200 lots for a product)


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