Tools: Save | Print | E-mail | Most Read
Financial Futures Trading Gets New Regulations
Adjust font size:

New futures regulations, which have been approved in principle by the State Council on Wednesday, have come as an early New Year's gift to the nation's struggling futures industry.

 

These new rules should boost the local sector by expanding the list of traded futures contracts to include financial futures and futures options.

 

The State Council also ruled to loosen the current tight regulatory regime, which has weathered a barrage of criticism for shackling the development of the futures industry at a time when a vibrant and innovative futures market is sorely needed.

 

Repeated delays in approving of the new regulations, which were expected much earlier, have shed light on the cautious approach the authority has taken. Nevertheless, cautiousness is understandable.

 

The chaos in the futures market in the early 1990s resulting from a loose regulatory framework and high-risk futures trading is a clarion call to both the regulator and industry players, reminding them that prudence is often needed in a volatile environment.

 

Furthermore, since financial futures trading is usually riskier than commodities trading, it is crucial that the authority takes a gradual and cautious approach.

 

Though coming late, the new rules will still help.

 

There are about 400 futures contracts traded worldwide, but only 13 of these are in China, dramatically curtailing the scope of a potentially dynamic market.

 

The tight regulatory framework and the limited number of futures products available are depriving Chinese enterprises of a range of tools, through which to manage business risks, and leave them vulnerable to a broadside from global price fluctuations.

 

China's local economy is irretrievably integrated with the world economy, increasing the risks from exchange rate and interest rate fluctuations.

 

Finally, the new rules will allow the introduction of financial futures products, hopefully paving the way for the launch of such contracts in the country.

 

(China Daily February 9, 2007)

 

Tools: Save | Print | E-mail | Most Read

Related Stories
China Reports Robust Growth in Futures Businesses
Government to Announce New Futures Regulations
Turnover in Futures Market Jumps
Index Loses Stock Data Case
SOEs to Be Allowed to Invest in Futures
Futures Exchange Releases Specifications for First Product

Product Directory
China Search
Country Search
Hot Buys
SiteMap | About Us | RSS | Newsletter | Feedback
SEARCH THIS SITE
Copyright ? China.org.cn. All Rights Reserved ????E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP證 040089號(hào)
主站蜘蛛池模板: 欧美日韩乱国产| 美女黄网站人色视频免费国产| 夜鲁鲁鲁夜夜综合视频欧美| 中文字幕丰满伦子无码| 日韩三级在线免费观看| 亚洲免费人成视频观看| 波多野结衣免费观看视频| 免费看一级黄色毛片| 老司机午夜性生免费福利| 国产八十老太另类| 国产香蕉一区二区在线网站| 国产精品无码AV天天爽播放器| 99精品在线观看视频| 好爽好深胸好大好多水视频| 中文字幕不卡免费高清视频| 日本中文字幕在线观看| 久久精品人人爽人人爽| 最近中文字幕国语免费完整| 亚洲人成电影院在线观看| 欧美日韩综合视频| 亚洲精品无码久久毛片| 玩物无删减版180分钟| 免费看成人aa片无码视频吃奶| 精品欧美一区二区精品久久| 嗯嗯在线观看免费播放| 色欲综合久久中文字幕网| 国产女高清在线看免费观看| 国产人成精品香港三级在| 国产真实乱子伦视频播放| fc2ppv在线播放| 国产精品无码免费播放| 69久久夜色精品国产69| 国产草草影院ccyycom| 97精品伊人久久大香线蕉| 在线看一区二区| 92午夜少妇极品福利无码电影| 在线观看特色大片免费网站| 9i9精品国产免费久久| 天天天天夜夜夜夜爱爱爱爱| jizz国产精品jizz中国| 女人张开腿让男人做爽爽|