Guidelines for the Participation in Stock Index Futures Trading by Qualified Foreign Institutional Investors

合格境外机构投资者参与股指期货交易指引

Qualified foreign institutional investors allowed to trade stock index futures for hedging purposes.

(Promulgated by the China Securities Regulatory Commission on, and effective as of, May 4 2011.)

(中国证券监督管理委员会于二零一一年五月四日发布施行。)

Announcement of the CSRC [2011] No.12

证监会公告 [2011] 12号

Article 1: These Guidelines have been formulated pursuant to provisions such as the Measures for the Administration of Securities Investments in China by Qualified Foreign Institutional Investors (Order of the CSRC No.36) and the Provisions on Foreign Exchange Control in Connection with Securities Investments in China by Qualified Foreign Institutional Investors (Announcement of the State Administration of Foreign Exchange [2009] No.1) in order to regulate the participation in stock index futures trading by qualified foreign institutional investors (QFIIs).

第一条 为了规范合格境外机构投资者(以下简称合格投资者)参与股指期货交易的行为,根据《合格境外机构投资者境内证券投资管理办法》(证监会令第36号)、《合格境外机构投资者境内证券投资外汇管理规定》(国家外汇管理局公告〔2009〕第1号)等规定,制定本指引。

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