(Yicai Global) Dec. 3 -- A Shanghai-based  bourse will ease some restrictions that were set after the 2015 market  crash and reduce fees to encourage more trading. 

The China Financial Futures Exchange will  lower the initial margin requirements for Hushen 300 index futures and  SSE 50 index futures to 10 percent, state-backed Xinhua  News Agency reported yesterday. 

The amount of money that a trader must  own in assets to go for CSI 500 index futures will also be reduced to 15 percent.

The commission fee to close a position in intraday trading will be lowered from 0.069 percent to 0.046 percent of the transaction value. 

The bourse also lifted the intraday  trading maximum for non-hedging accountholders to up to 50 lots instead  of 20 lots regarding a single index futures contract.

The eased rules could help lower  transaction costs and improve market liquidity, said Dong Dengxin, the  head of a financial research institute under Wuhan University of Science  and Technology.

After the Chinese stock market burst in  2015, regulators tightened trading policies to stabilize the market.  Last year, the CFFEX relaxed the regulations twice to spur more risk  appetite among investors.

China launched stock index futures, which are contracts that track prices of assets or groups of them, in 2010.