CHINA: Shanghai Stock Exchange Publishes Q&A on Circuit Breaker Mechanism for Index

Wednesday December 9 2015

The Shanghai Stock Exchange has published a Q&A on the Circuit Breaker Mechanism for Index. The answers to the following questions are provided in the above link:

• The trading and relevant business of which products will be influenced by the circuit breaker mechanism for index?
• How will the trading be resumed after the finish of circuit breaker for index?
• Can investors apply or cancel applications during the circuit breaker period?
• Will the reference trading price and amount be revealed during the circuit breaker period?
• Will the purchase and redemption of funds be affected when the circuit breaker mechanism is triggered?
• What are the special arrangements of the circuit breaker mechanism for index during the delivery days of stock index futures contracts?
• Why adjust the trading time for stock index futures contracts?
• What are the changes on the limit-up or limit-down of stock index futures contracts after introducing the circuit breaker mechanism for index?
• How to calculate the settlement prices of stock index futures when the circuit breaker mechanism is triggered?
• Are there any other issues related to the circuit breaker mechanism for index that investors should pay special attention to and learn about?

Click on the link above for further details.