Long-awaited stock index futures will begin trading in China on Friday, a historic milestone for the country's financial industry.
The start of trading follows more than three years of practice. Still, China's regulators are allowing only a select group to trade equity-based derivatives in their home market.
Also coming this year: short selling and margin trading. Both were rolled out on a trial basis on March 31.
ISE loses appeal; index exclusivity holds
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ProShares launches ETF that targets highly rated corporate bonds
The ETF invests in covered bonds, a type of collateralized corporate debt typically issued by non-U.S. financial institutions.
Euro falls to 22-month low as German business confidence slides
The euro traded close to the weakest level since July 2010 versus the dollar as German business confidence slid and manufacturing shrank, stoking concern fallout from the debt crisis is spreading.
Crude options volatility rises as futures near $90 a barrel
Crude-oil options volatility rose for the first time in three days as underlying futures slipped below $90 a barrel.
