To facilitate the pilot program of commercial banks participating in CGB futures trading, after careful deliberation and market-wide consultation, CFFEX will delay the opening of the CGB futures market by 15 minutes. After the adjustment, the opening time of the CGB futures market will be synchronized with China’s exchange traded bond market and the equity index futures market, which will be conductive to the healthy and stable development of the CGB futures market.
Next, in line with the CSRC's requirements of "Four Awes" and "One Synergy", CFFEX will conscientiously perform its duties and pay close attention to market performance after the amendments. Furthermore, CFFEX will safeguard the legitimate rights and interests of investors, effectively manage market risks, and ensure the stable and orderly operation of the financial futures market.
The amended contracts and rules will take effect on July 20, 2020.