2015-01-09

China Stock Market To Begin Options Trading and Same Day Trading

Shanghai Stock Exchange to Allow Same-Day Trading for ETFs
The Shanghai Stock Exchange will allow same-day trading for ETFs later this month in the first move to allow investors to minimize their settlement risks.

The bourse plans to introduce rules from Jan. 19 allowing “T+0” trading for cross-border open-ended exchange traded funds, meaning market participants will be able to buy and sell securities and settle the transactions the same day, SSE said today in a statement. China currently operates a T+1 system, which settles a transaction a day later.

China derivatives push gathers steam
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The Shanghai Stock Exchange will launch simulated trading of stock options, China’s securities regulator said on Friday, the latest in a series of steps by regulators in recent weeks to develop the country’s nascent derivatives market.
Simulations will begin with options on the Shanghai 50 exchange traded funds but are expected to expand to individual blue-chip stocks. The Shanghai exchange issued detailed draft rules for trading of stock options in early December.

Chinese reports have the first option hitting the market on February 9. 证监会:个股期权试点办法正式公布 2月9日上市

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