24 May 2019

CSRC to let foreigners into domestic futures firms, Xinhua says

The China Securities Regulatory Commission (CSRC) will allow foreign capital to invest in domestic futures companies and encourage local players to develop futures brokerage operations overseas, the official Xinhua news agency reported Tuesday, citing vice chairman Jiang Yang {姜洋}. Reform of the domestic futures market has led to the successful launch of trial schemes for gold and silver futures night trading, the report said. The CSRC will continue to supervise the development of the futures and derivatives industry, Jiang was quoted as saying.

– Contact HKEJ at [email protected]



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