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Friday, February 21st, 2020

Mainland brokers shut out of own futures market turn to Singapore's China A50 (China Daily)

by September 16, 2015 General

Chinese brokerages ruing the collapse of futures trading in Shanghai are pitching clients similar contracts in Singapore. “Goodbye, China Financial Futures Exchange; Hello, FTSE A50!” reads an advertisement by a unit of Shenzhen-based Essence Securities Co on the WeChat messaging service, referring to Singapore-traded futures on an index of the biggest mainland companies. China’s domestic equity…