China futures regulator to crack down on "irregular" trading
Published Fri, Jul 31, 2015 · 01:18 PM
[BEIJING] China's financial futures regulator will tighten rules governing trading that it regards as "irregular" to tackle what it sees as excessive speculation in the markets, it said on Friday.
The China Financial Futures Exchange will classify some arbitrage and speculative activity in stock index futures as"irregular" it said in a statement on its website. The new rules will become effective on Monday.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Money laundering accused Su Baolin to plead guilty after being handed 3 more charges
UBS flags 'serious' concern about new Swiss capital requirements
Lloyds bank says quarterly profits sink on higher costs
US seeks 36 months’ jail for Binance founder Zhao
Hong Kong bourse operator’s Q1 profit down 13% on weaker listings, trading
PBOC steps up rhetoric against long-end government bond rally