CHENGDU, Feb. 20 (NBD) -- China Financial Futures Exchange announced on its website last Thursday to relax curbs on stock-index futures trading. Some private placement agents said stock-index future products are under evaluation and they are going to invest in them next week.

A placement agent in Nanjing said they have made preparations by studying trading rules, contract elements, and pricing of index futures. But at the moment, commission fees and expected liquidity are inadequate for us to carry out high frequency trading.

The new position limit for non-hedging accounts has risen from 10 to 20. But insiders say it is only a modest adjustment. For high frequency traders, 20 positions are far from enough.

However, a placement agent of commodity futures said the ease of stock-index future trading will divert money from commodity futures. Lianxun Securities noted that commodity futures will have smaller roles to play regarding of pooling funds.

Email: tanyuhan@nbd.com.cn