Dear XT Users,
XT will soon list FUSHI-A50 (FTSE A50 Index), and the FUSHI-A50/USDT trading pair will be available in the
Innovative Financial Zone. The details are as follows:
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Deposit Time: To be determined
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Trading Start: October 7, 2024, 01:00 (UTC)
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Withdrawal Time: To be determined
Trading Fees: 0%
[About FUSHI-A50]
The FUSHI-A50 spot product introduced by XT primarily benchmarks SGX's FTSE China A50 ETF. This ETF includes the top 50 stocks in China's A-shares, focusing on tracking the largest and most liquid companies listed on the Shanghai and Shenzhen Stock Exchanges. The index includes well-known Chinese companies like Kweichow Moutai Co., Ltd (600519) and CATL Co Ltd (300750), representing key sectors of the Chinese economy such as financial services, energy, and consumer goods. These companies are seen as core contributors to the Chinese stock market and the future of the Chinese economy. XT strongly supports long-term investments in related Chinese products and continuously strives towards this goal. To support long-term investments in China-related products, XT.com will offer permanent zero-fee trading for the FUSHI-A50 trading pair.
Liquidity:
The liquidity for FUSHI-A50 is provided by the globally recognized market maker Candleline (https://www.candleline.jp/), with all orders being 100% real-time hedged. Hedging tools include but are not limited to:
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SGX's FTSE China A50 index-related products such as ETFs and futures.
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HKEX's MSCI China A-shares International ETF and other index products related to A-shares.
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Cross-border ETF products: Chinese A-share related ETFs listed on international markets like the NYSE or London Stock Exchange, including KraneShares Bosera MSCI China A Share ETF (KBA) or Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR), and the S&P China BMI Index (GXC), and others
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Other indirect hedging tools: FTSE China 50 Index ETFs, H-Shares ETFs, NASDAQ Golden Dragon China Index (HXC), and other China-related index futures or ETF products listed outside mainland China.
Trading Hours:
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Intraday Trading: 01:00-08:30 (UTC) and 09:00-21:15 (UTC) on SGX business days.
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After-hours Trading: 21:15-01:00 (UTC) and 08:30-09:00 (UTC), including SGX designated public holidays and full weekends.
Risk Advisory:
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This product is only available to qualified investors outside mainland China. All related liquidity providers, market makers, and hedging channels are fully compliant with international regulations and operate through overseas brokers and exchanges. Due to recent stock market volatility, please be mindful of the risks and participate cautiously.
- Due to regulatory requirements in different countries and regions, some users may be unable to participate. We appreciate your understanding.
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This product is part of the Innovative Financial Zone and currently does not support deposit and withdrawal functions. Please stay updated with the latest announcements for any changes.
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This product may be subject to delisting due to force majeure. In such cases, XT.com will fairly settle user holdings based on traditional financial market prices.
Thank you for your support!
XT Team
October 06, 2024
【APP Download】 https://www.xt.com/en/app
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【Margin Trading】 https://www.xt.com/en/trade/btc_usdt?type=margin
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XT reserves the right, at its discretion, to change, modify, or remove portions of the announcement at any time by posting the amended version on the website.