The "Fast Money" traders debated their strategies of how to play upcoming events, after major stock index firm MSCI once again delayed the inclusion of mainland-listed Chinese A shares in its emerging market index, citing concerns about market accessibility.
Trader Tim Seymour said he doesn't think the decision is a "nightmare." He had told CNBC's "Power Lunch" earlier on Tuesday that A shares did not rally going into the MSCI's announcement.
"Just to be clear, at a time when all we need now is for the Chinese market to implode, I don't think that this is a driver for that," Seymour said.
Trader Dan Nathan said he was excited when U.S.-listed shares of Alibaba and Baidu were added to the emerging markets ETF. He explained that the ETF is a great way to trade those types of names without the "idiosyncratic risk." For this reason, Nathan said he also likes the iShares China Large-Cap ETF.
Trader David Seaburg said he likes Bank of America at current levels ahead of upcoming events.
On Wednesday, the U.S. Federal Open Market Committee will share its forecasts for interest rates. Next week, Britain is to vote on a referendum on whether or not it should leave the European Union.
Seaburg also said he thinks the KBW Bank Index "is at the point where it's been completely oversold."