Eurex Group announced that a high-ranking China Futures Association (CFA) delegation was welcomed in Frankfurt today. Led by CFA Vice Chairman Li Qiang, 45 financial analysts, traders and staff from Chinese derivatives trading and brokerage firms will attend a three week training programme on fixed-income derivatives trading in Frankfurt. This current session is the second stage of a fixed-income training course which began last year in China. In addition, education sessions on options trading have also taken place, e.g. in October 2012 in Frankfurt. All trainings have been jointly organized by CFA and Eurex.
“In 2012, we signed our cooperation agreement with the China Futures Association. The first trainings, which we organized jointly with the CFA, were very successful. The current focus on fixed-income derivatives is a reflection of the potential introduction of government bonds futures in China,” stated Roland Schwinn, Head of Business Development Asia and Middle East.
The second training will be held with strong support from one of the most esteemed business schools in Germany, the Frankfurt School of Finance and Management. Additionally, representatives from large and well-known financial institutions based in Frankfurt will share their insights on trading in fixed-income derivatives.
Further information:
CFA and Eurex signed a cooperation agreement (MoU) in December 2012. CFA acts as an intermediary between the government and trading firms. The CFA is responsible for self-regulation of the futures industry, it advises the CSRC (China Securities Regulatory Commission) and other relevant authorities in regulatory questions, participates in postulating industry and technology standards related to the futures market and educates participants in the futures industry. The member network of the CFA consists of 161 futures brokerage firms, 4 exchange operators and 33 futures associations.
