Date: November 7-8,2013
Location: Crowne Plaza Century Park Shanghai,China
On 6th September, 2013 , the long-expected Chinese government bond futures are back , after an 18-year halt, since the government pledges to diversify portfolios for investors and keep liberalizing interest rates.
The China Financial Futures Exchange (CFFEX) released a announcement on 5th September 2013, setting the listing benchmark prices for three 5-year government bond futures contracts .In order to prevent and resolve any possible market risks to ensure it would be launched and traded smoothly，the daily fluctuation range for government bond futures contracts is controlled at about 4 percent of the listing benchmark prices on the first trading day.
China’s bond futures market were first traded in 1992 on the Shanghai Stock Exchange（SSE）. However, it was suspended indefinitely due to a huge trading scandal of illegal and excessive speculation called” 327 incident” in 1995. The re-launch of the government bond futures came after the People’s Bank of China removed the lower limit on lending rates this July, which means an important point in the reforms of market-oriented interest rate .
Amongst such a context, the 3rd China Derivatives Focus 2013 (CDF 2013) will be held during 7–8 November 2013 in Shanghai, to help domestic and foreign investors understand the trend of derivatives, especially Chinese government bond futures.
Approximately 300 guests from global derivatives and investment fields will attend CDF 2013. Our newly confirmed distinguish speakers include: Director, Researching Center of China Securities Regulatory Commission; Global Head of Futures and OTC Clearing, JPMorgan; Managing Director China, International Exchange; Vice President of Asia Pacific, International Exchange; Director of Researching Board, The People’s Bank of China and etc.
For more information, please contact Ms. Diana XIA, cdf@cdmc.org.cn
Or visit event official website: http://www.cdmc.org.cn/2013/cdf/index.asp
