Cffex raises position reduction threshold ahead of imminent China futures launch
Shanghai-based China Financial Futures Exchange (Cffex), China's first and only financial futures exchange - which looks set to trade its first index futures contracts in April - has raised the limit on forced position reduction to a 20% increase or fall of the contract price, from 16%.
Forced position reduction is one risk management tool adopted by the exchange to reduce market risks. Cffex said it would only use forced position reduction when there are only buy orders or only sell orders
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Equity derivatives
Investing
Trend following’s bumper returns mask fading convexity
Research suggests strategy is no longer a reliable hedge against stock market crashes
Receive this by email