China's Stock Index Futures Unseat S&P to Become World's Most Traded

Hong Kong: Chinese stock index futures have surpassed S&P 500 futures in turnover to become the world's most traded equity futures as global investors expanded their exposure to one of Asia's top-performing markets. Turnover in the CSI300 futures contract expiring on May 15 has soared in recent weeks, in step with surging shares in China. Daily volumes rose to 1.5 million contracts on Friday, according to Thomson Reuters data, excee...