China financial futures exchange adjusts rules for new option product

FILE PHOTO: An electronic board shows Shanghai and Shenzhen stock indexes, at the Lujiazui financial district, following the coronavirus disease (COVID-19) outbreak, in Shanghai, China November 14, 2022. REUTERS/Aly Song/File Photo
SHANGHAI : The China Financial Futures Exchange on Wednesday tweaked its trading limit rules to add a new product that will debut on Monday.
The options based on the SSE 50 Index will start trading on the exchange on Dec. 19.
The exchange revised the rules to bring daily trading limits of the new contracts in line with other stock index options.