上交所：合格境外投资者可以参与在上交所上市的ETF期权交易

Core Viewpoint - The Shanghai Stock Exchange (SSE) has announced new regulations allowing Qualified Foreign Institutional Investors (QFIIs) and Renminbi Qualified Foreign Institutional Investors (RQFIIs) to participate in stock options trading, specifically for hedging purposes [1][2]. Group 1 - Qualified foreign investors can engage in trading of Exchange-Traded Fund (ETF) options listed on the SSE, with the trading purpose limited to hedging [1]. - Qualified foreign investors can apply for limits on both long and short hedging positions in the spot market [2]. - Qualified foreign investors must report their planned use of Shanghai A-share securities accounts through entrusted options operating institutions before opening corresponding derivative contract accounts designated for hedging [2]. Group 2 - Qualified foreign investors are required to submit applications for hedging limits for relevant options products through entrusted options operating institutions, and can only participate in hedging transactions after receiving approval from the SSE [2]. - Options operating institutions accepting applications from qualified foreign investors must diligently manage compliance regarding business applications and trading behaviors [2]. - The SSE may take measures such as verbal warnings, written warnings, adjustments to position limits, restrictions on opening positions, and reminders for any violations of the notification requirements by qualified foreign investors or options operating institutions [2]. Group 3 - The SSE will begin accepting applications for qualified foreign investors to participate in stock options trading from the date of this notification [3].