China publishes rules for market making on Shanghai's STAR market

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 66%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

SHANGHAI : China's securities regulator on Friday published rules to pilot market making on Shanghai's tech-focused STAR Market as part of efforts to improve liquidity.Brokerages applying for such business must have at least 10 billion yuan ($1.47 billion) in net capital, strict internal controls, and tec

SHANGHAI : China's securities regulator on Friday published rules to pilot market making on Shanghai's tech-focused STAR Market as part of efforts to improve liquidity.

Brokerages applying for such business must have at least 10 billion yuan in net capital, strict internal controls, and technology systems that meet regulators' requirements, the China Securities Regulatory Commission said on its website.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines