China Tells Brokers to Limit Exposure to ‘Snowball’ Derivatives

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Brokers Woo ‘Snowball’ Buyers With 40% Returns After China Stock Market Rout(Bloomberg) -- Chinese securities firms are dangling near record-high returns to lure investors back into the market for derivatives that fueled the nation’s...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Brokers Woo ‘Snowball’ Buyers With 40% Returns After China Stock Market RoutChinese securities firms are dangling near record-high returns to lure investors back into the market for derivatives that fueled the nation’s stock selloff earlier this year, as fallout from the meltdown cuts deeper into their profits from the business.
Source: BNNBloomberg - 🏆 83. / 50 Read more »