China Securities Regulatory Commission issued a document on 26th, agreeing that China Financial Futures Exchange (hereinafter referred to as CICC) will list the futures contracts of Shanghai and Shenzhen 300 stock indexes. On the same day, CICC issued the Notice on Relevant Matters Concerning the Listing and Trading of Shanghai and Shenzhen 300 Stock Index Futures Contracts. According to the notice, the launching ceremony of stock index futures listing will be held on April 8, and the first batch of four Shanghai and Shenzhen 300 stock index futures contracts will be listed and traded on April 16.

It is understood that the first batch of listing contracts are May, June, September and February contracts of 20 10, and the benchmark listing price will be announced one working day before the listing of the CICC contract. The trading margin of Shanghai and Shenzhen 300 stock index futures contracts is tentatively set at 15% of the contract value in May and June, and 18% of the contract value in September and June. In addition, on the day of listing, the price of contracts in May and June is limited to 10% of the benchmark price, and the price of contracts in September and June is limited to 20% of the benchmark price.

The notice makes it clear that the transaction fee for the Shanghai and Shenzhen 300 stock index futures contracts is tentatively set at 0.5% of the transaction amount, and the delivery fee standard is 1% of the delivery amount.