ecns [expanded by feedex.net]
ecns
China treasury bond futures open slightly lower Wednesday
http://www.ecns.cn/2014/10-08/137300.shtml
Oct 8th 2014, 01:50
2014-10-08 10:50
China's treasury bond futures opened lower on Wednesday, with contract for settlement in December opening slightly lower at 94.648 yuan ($15.39).
The contract for settlement both in March 2015 and in June 2015 had no trading at the opening.
The contracts are agreements to buy or sell treasury bonds at a predetermined price and set date. They allow investors to bet on or profit from the movements in the value of the bonds.
The treasury bond futures were launched at the Shanghai-based China Financial Futures Exchange (CFFEX) and started trading on Sept. 6, 2013.
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