上交所：合格境外投资者可参与ETF期权交易，交易目的限于套期保值

Core Points - The Shanghai Stock Exchange (SSE) has issued a notification regarding Qualified Foreign Institutional Investors (QFIIs) and Renminbi Qualified Foreign Institutional Investors (RQFIIs) participating in stock options trading, specifically allowing them to engage in ETF options trading for hedging purposes [2][3][4] - QFIIs can apply for both long and short hedging position limits in the spot market [2][3] - QFIIs must report their planned use of A-share accounts through entrusted options operating institutions before opening corresponding derivative contract accounts designated for hedging [2][3] - QFIIs are required to submit applications for hedging quotas for relevant options through their entrusted options operating institutions, and can only participate in hedging trading after receiving approval from the SSE [2][3][4] - Options operating institutions must diligently manage compliance regarding the business applications and trading behaviors of QFIIs [2][3][4] - The SSE can take various measures against QFIIs and options operating institutions for non-compliance with the notification, including warnings and adjustments to position limits [2][3][4] - The SSE will begin accepting applications for QFIIs to participate in stock options trading from the date of the notification [2][3][4]