China Securities Regulator Said Rumors Of Halting Quantitative Trading In The Commodity Futures Market Untrue; All Commodity Futures Exchanges Will Optimize And Adjust Fee Reduction Policy In 2024
Portfolio Pulse from Charles Gross
China's securities regulator has dismissed rumors about halting quantitative trading in the commodity futures market as untrue. Furthermore, all commodity futures exchanges in China are set to optimize and adjust their fee reduction policies in 2024, according to Reuters.
January 04, 2024 | 12:23 pm
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NEUTRAL IMPACT
The iShares China Large-Cap ETF (FXI), which tracks large Chinese stocks, may see indirect effects from the clarification by China's securities regulator. The news could stabilize market sentiment regarding Chinese commodities and related equities.
While the news directly pertains to commodity futures trading in China, FXI, which tracks large-cap Chinese equities, could be indirectly affected as the market sentiment towards Chinese financial policies and regulatory environment could influence investor confidence. However, since FXI is not directly related to commodity futures, the impact is likely to be moderate and not immediate.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 50