Recent successes in A-share launches have boosted interest in China's equity markets
The success of China’s first index future has
created interest from international markets in offering access
to China’s equity markets. Brendan
Mueller of the China Financial Futures Exchange,
charts the international interest in China A-share index
futures and explores the fertile ground for expansion.
The China Financial Futures Exchange (CFFEX),
China’s financial derivatives bourse, saw CSI300
futures volumes increase 84% year-on-year in 2013 to over 190
The CSI300 is China’s benchmark index futures
contract. Since listing in April 2010, contract volume has
grown at a compound annual growth rate (CAGR) of 43%.
However, as market demand at home and abroad increases,
CFFEX is seeking to add to its suite of A-share index futures
and expand globally.
Last year as traders were faced with more uncertainty in
A-shares, index futures trading activity increased. Volumes
picked up in July and August as volatility shot up in the
underlying index in the third quarter.
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