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Stock index futures launched in China

China passes an historic milestone on the path to a market-driven economy on Friday as stock index futures begin trading on the mainland.

After more than three years of practice trading, China’s stock market regulators are allowing select mainlanders to trade equity-based derivatives in their home market.

The introduction of index futures is part of a broader transformation of the mainland stock markets this year: short selling and margin trading were introduced on a trial basis on March 31.

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