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China Financial Futures Exchange up and running

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The China Financial Futures Exchange opened for business on September 8 in Shanghai.

The exchange is expected to start trading stock index futures soon, although a spokesman from the China Securities Regulatory Commission (CSRC) declined to specify when. The exchange is also eventually expected to trade bond, interest rate futures and currency derivatives.

CFFE has registered capital of 500 million renminbi ($62.9 million), contributed by the Shanghai Stock Exchange, Shenzhen Stock Exchange

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