China Financial Futures Exchange (CFFEX) released the notice on reducing the delivery fee of equity index futures and CGB futures by half from January 1, 2022 to December 31, 2022.
The delivery fee reduction is another positive response to the nation’s tax and fee reduction policies after the implementation of the delivery fee reduction arrangement for equity index futures and CGB futures in 2021. It takes another step forward in promoting the CSRC’s initiative of “Serving the People” so as to providing the people with real benefits. It will effectively reduce the cost of investors' participation in financial futures transactions, further promote the financial market functioning, and strongly enhance the support from financial sectors to real economy.
Next, following the guidance of the CSRC, CFFEX will continuously optimize its services, further benefit the real economy with higher quality and more feasible measures, thus creating a beneficial industrial ecology for the financial futures market.
