In China the Futures and Options market started on February 22 2010.
Some of the pre-conditions which need to be satisfied to trade in the F & O Market are
1. One needs to have an investible surplus of RMB 5,00,000 (US$ 73,000 or INR 37.5 lacs)
2. One needs to attend 20 mock trading sessions and must have executed 10 mock transactions.
3. One further need to undergo 10 mock commodities transactions.
Only when you satisfy all the above conditions you are permitted to trade in the Futures.....
India is way ahead in financial reforms....
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