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FINANCE

China Relaxes Curbs on Stock-Index Futures Trading

By Zhu Liangtao and Han Wei

(Beijing) – China relaxed rules on transaction size and trading costs for stock-index futures in a move to revive the market after harsh restrictions brought trading almost to a halt after the 2015 market meltdown.

The China Financial Futures Exchange (CFFEX) said on its website late Thursday that it will reduce trading commissions, lower margin deposits for non-hedging accounts and double the daily cap for opening new positions beginning Friday.

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