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Financials

China relaxes rules for index futures trading

SHANGHAI, April 19 (Reuters) - China’s financial futures exchange said on Friday it was further relaxing index futures trading rules,reducing margin requirements,cutting fees and allowing more trading activities.

The China Financial Futures Exchange said in a statement the rule change, which will take effect on April 22, is aimed at meeting investors’ risk-hedging needs and will help introduce more long-term capital into the market. (Reporting by Samuel Shen and Andrew Galbraith Editing by Jacqueline Wong)

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