State Administration of Foreign Exchange, Guidelines for Market Makers of the Interbank Foreign Exchange Market (Tentative)

国家外汇管理局银行间外汇市场做市商指引 (暂行)

Issued: November 24 2005Effective: as of date of issueInterpreting authority: State Administration of Foreign Exchange (SAFE)Applicability: The term "market…

2 minute readNovember 30, 2005 at 11:58 PM

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Issued: November 24 2005

Effective: as of date of issue

Interpreting authority: State Administration of Foreign Exchange (SAFE)

Applicability: The term "market makers of the interbank foreign exchange market" refers to members of the interbank foreign exchange market verified by SAFE to bear the obligations of providing buying and selling prices to market members in the course of renminbi and foreign currency transactions carried out in the interbank foreign exchange market (Article 2).

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