Make Kitco Your Homepage

China opens onshore derivative market further to foreign investors

Kitco News

SHANGHAI, Oct 15 (Reuters) - China’s securities regulator said on Friday it will allow qualified foreign institutions to trade more types of onshore derivatives.

Starting Nov. 1, investors under the Qualified Foreign Institutional Investor (QFII) scheme will be allowed to trade commodity futures, commodity options and stock index options, the China Securities Regulatory Commission (CSRC) said.

Expanding QFII’s investment scope would provide foreign investors with more hedging tools, and help attract overseas capital, CSRC said on its website. (Reporting by SHANGHAI NEWSROOM; editing by John Stonestreet)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.