国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Economy

Markets

Industries

Insights

Reports

Events

Specialized department to oversee futures market

By Wang Lan (chinadaily.com.cn)
Updated: 2008-12-11 16:06

The China Securities Regulatory Commission (CSRC) has obtained approval to establish a specialized department to supervise the business operation of and trading by brokerages and traders in futures contracts.

Related readings:  Regulator: Careful preparations ahead for index futures  Stock index futures trading likely from January  Index futures a step closer  CFFEX approves 13 new members

The move is widely seen as an essential step in the introduction of the long-awaited index futures trading.

This new department is expected to focus on overseeing institutional participants in futures markets, including domestic brokers and the Chinese units of foreign institutional investors.

Sources close to the situation said the new department would be given the priority to supervise institutional participants in the trading of index futures when it is introduced.

Some traders and analysts said the establishment of the new department would help shoulder some functions of the existing futures supervising arm under the CSRC, which would then focus on regulatory matters.

Before the start of financial futures trading, the proposed new department is expected to keep a close watch on issues relating to risk control by futures brokerages in offering innovative services to clients.