Legislation roundup: Margin trading, stock exchange measures and sexual equality
August 31, 2012 | BY
clpstaff &clp articlesA securities finance programme launched today will boost margin trading while the Shanghai and Shenzhen stock exchanges have clarified rules on securities lending. Shenzhen has also issued the first regional regulations on sexual equality
Margin trading and short selling
China Securities Finance Corporation Limited, Rules on the Re-lending Business (Trial Implementation)
China is stepping up its developing margin trading programme. Eleven securities companies have been allowed to borrow money from the China Securities Finance Corporation, the agency approved by the China Securities Regulatory Commission, starting from August 30 2012 to re-lend it to clients for margin trading. The loan periods are seven days, 14 days and 28 days. Securities lending is also provided for in the Rules but is yet to kick off.
See the digest for more details.
Shanghai Stock Exchange, Implementing Measures for Securities Lending of the Re-lending Business (Trial Implementation)
This premium content is reserved for
China Law & Practice Subscribers.
A Premium Subscription Provides:
- A database of over 3,000 essential documents including key PRC legislation translated into English
- A choice of newsletters to alert you to changes affecting your business including sector specific updates
- Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
Already a subscriber? Log In Now