上交所：合格境外投资者可以参与在本所上市的ETF期权交易

Core Viewpoint - The Shanghai Stock Exchange (SSE) has announced that qualified foreign institutional investors (QFIIs) and Renminbi qualified foreign institutional investors (RQFIIs) are now allowed to participate in trading exchange-traded fund options (ETF options) for hedging purposes only [1][2]. Summary by Sections Participation in ETF Options - Qualified foreign investors can engage in trading ETF options listed on the SSE, with the primary purpose being hedging [1][2]. Hedging Limits and Requirements - Qualified foreign investors can apply for limits on both long and short hedging positions [2]. - They must report their planned use of A-share securities accounts to the SSE through authorized option operating institutions before opening corresponding derivative contract accounts for hedging [2]. Application and Compliance - Qualified foreign investors are required to submit applications for hedging limits for specific option varieties through their authorized option operating institutions, and they can only participate in hedging transactions after receiving approval from the SSE [2]. - Option operating institutions must diligently manage compliance regarding the business applications and trading behaviors of qualified foreign investors [2]. Violations and Penalties - The SSE reserves the right to take measures such as verbal warnings, written warnings, adjustments to position limits, and restrictions on opening positions against any violations of this notice by qualified foreign investors or option operating institutions [2]. Effective Date - The SSE will begin accepting applications for qualified foreign investors to participate in stock option trading from the date of this notice [2][3].