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 China’s index futures.

Click here to read the story from Xinhua News Agency