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China OKs QFIIs To Trade Index Futures
The China Securities Regulatory Commission has announced that qualified foreign institutional investors will be permitted to trade index futures in the country, reports Xinhua News Agency.
The China Securities Regulatory Commission has announced that qualified foreign institutional investors will be permitted to trade index futures in the country. The directive, however, limits their activity to hedging and does not allow them to float derivatives abroad based on Chinas index futures.