China Financial Futures Exchange (CFFE) has again pushed
back its launch date to mid-year, putting paid to prior
official confidence of a first half launch (see FO
Week Vol 12 No 12).
News that CFFE may not have systems ready and in place by
the end of June, further delaying its appearance of financial
futures in mainland China, comes at the same time that
optimism that China Securities Regulatory Commission would
allow trading by the earlier deadline are being doubted, as
official news reports say that new rules have not in fact been
finalised. The regulators are "still soliciting opinion on the
rules", according to China Daily.
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.