China Financial Futures Exchange (CFFEX) released the notice on reducing the delivery fee of equity index futures and CGB futures by half from August 16, 2021 to December 31, 2021.
The delivery fee reduction is a positive response to the nation’s tax and fee reduction policies, as well as a step forward in promoting the CSRC’s initiative of “Serving the People”. It will reduce investors’ cost of financial futures delivery, facilitate hedging and risk management in financial futures market, and therefore further enhance the support from financial sectors to real economy.
In line with the purpose of serving the real economy, and following the CSRC’s principle of “Four Awes” and “One Synergy”, CFFEX will cooperate with all parties to continue optimize its services and contribute to the high-quality development of the financial futures market.
