China to Start Bond Futures Trading Next Week After 18-Year Halt
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China will start trading government bond futures next week, providing investors with a tool to manage risk 18 years after the derivatives were suspended following a probe into alleged market manipulation.
Trading will commence Sept. 6, according to a China Securities Regulatory Commission statement on its website. The daily trading limit for the 3 percent five-year note as the underlying security is set at 2 percent on either side of the previous day’s settlement price, according to the China Financial Futures Exchange on its website.