Stock index futures in China aimed at H1 2007

China could start trading stock index futures in the first half of 2007, according to Fan Fuchun, vice-chairman of the China Securities Regulatory Commission.

Fan told a high-level governmental meeting on March 5 that the futures, which were originally slated for the end of 2006, will trade on the Shanghai-based China Financial Futures Exchange.

A broker in China told Risk News this time line is likely to be accurate, because “it comes from the regulator.” He added that the exchange’s preparation work is done and that it has started training members on trading risk.

However, the exchange is tight-lipped about actual plans, and a spokesperson told Risk News there is no set date to begin trading. The exchange is expected to eventually trade bond, interest-rate futures and currency derivatives. It was inaugurated in September last year.

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here