![]() |
|
|
BEIJING - China Financial Futures Exchange (CFFEX) is mulling resumption of treasury bond futures trading, but a timetable has not been set, Zhu Yuchen, general manager of the CFFEX, told Xinhua.
The CFFEX has completed the initial design of the futures contracts tracking a four-to-seven-year medium-term bond, Zhu said on the sidelines of the country's annual parliamentary session.
The bourse has finished the design of trading rules, including systematic risk prevention, according to Zhu. CFFEX is currently seeking opinions on the new system and some institutions have been invited to participate in test trading.
China suspended T-bond futures trading in 1995 over a scandal of illegal and excessive speculation related to the trading of a three-year-term T-bond coded "327."
"We are fully confident about resuming T-bond futures trading at the moment... We have prepared a number of plans to combat emergencies, market manipulation, technical challenges and cross-market risks," said Zhu.
Zhu noted that China's market environment and regulatory capability is far better than it was 17 years ago, and conditions are mature enough for the relaunch.
The successful launch of stock futures has also provided experience for T-bond futures trading, he said.
But Zhu said it would be more appropriate for institutional investors rather than individual ones to participate in the trading of T-bond futures, and the CFFEX would take the requirements for stock futures investors trading as a reference.
The CFFEX is also doing research on other financial derivatives, like share options and interest rate futures, but it does not have a timetable, Zhu added.
Wu Ying, iPad, Jeremy Lin, Valentine's Day, Real Name, Whitney Houston, Syria,Iranian issue, Sanyan tourism, Giving birth in Hong Kong, Cadmium spill, housing policy
![]()
|
![]()
|
![]()
|
![]()
|
![]()
|
![]()
|
Comments: (China Daily Website - Connecting China Connecting the World

Global EditionASIA
中文Sign in
Subscribe


- HOME
- CHINA
- WORLD
- BUSINESS
- LIFESTYLE
- CULTURE
- TRAVEL
- WATCHTHIS
- SPORTS
- OPINION
- REGIONAL
- FORUM
- NEWSPAPER
- China Daily PDF
- China Daily E-paper
- MOBILE
BACK TO THE TOP

Copyright 1995 -
. All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263
About China Daily
Advertise on Site
Contact Us
Job Offer
Expat Employment
FOLLOW US

)
Sorry, the page you requested was not found.
Please check the URL for proper spelling and capitalization. If you're having trouble locating a destination on Chinadaily.com.cn, try visiting the Chinadaily home page
Registration Number: 130349