In the new regulations, exchange-traded funds that meet the daily average asset size of not less than 65.438+000 billion yuan, the number of fund holders of not less than 654.38+00000 people, the number of constituent stocks tracking the index of not less than 30, and the total market value of not less than 500 billion yuan, which have been listed for five trading days, can be used as the underlying securities for margin financing and securities lending.
Compared with the "Detailed Rules for the Implementation of Margin Trading of Shanghai Stock Exchange" previously issued, the requirements of the new regulations on the target of exchange-traded funds have been significantly improved. Among them, the average asset size has increased from "the average daily asset size in the last three months is not less than 2 billion yuan" to "the average daily asset size is not less than 65.438+0 billion yuan"; The number of fund holders has increased from no less than 4,000 to 1 0,000, the time for listing and trading has been shortened from "more than three months" to "five trading days", and a new regulation has been added that there are not less than 30 constituent stocks of the tracking index and the total market value is not less than 500 billion yuan.