Trust companies take the next step

New guidelines from China's banking authority open up stock index futures trading to trust companies. However, strict restrictions and stringent qualification criteria have drawn mixed reactions from trust players

8 minute readSeptember 03, 2011 at 12:58 AM
By
clpstaff
& clp articles

The China Banking Regulatory Commission (CBRC) issued the Guidelines on the Participation in Stock Index Futures Trading by Trust Companies (中国银行业监督管理委员会信托公司参与股指期货交易业务指引) (Guidelines), which were effective from June 27 2011.

The Guidelines allow a trust company, upon receiving a prior approval from and

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