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China to halve settlement fees for stock index futures and bond futures trading in 2022 – Metro US

China to halve settlement fees for stock index futures and bond futures trading in 2022

FILE PHOTO: An investor looks at a stock quotation board
FILE PHOTO: An investor looks at a stock quotation board at a brokerage office in Beijing

SHANGHAI (Reuters) – China’s financial futures exchange said on Friday it will halve settlement fees for stock index futures and bond futures trading in 2022.

The China Financial Futures Exchange said it was responding to calls from the central government, and the move will effectively reduce investors’ trading costs.

(Reporting by Shanghai Newsroom; Editing by Andrew Heavens)

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