CSRC calls for comment on proposed derivatives trading supervision rules

As the CSRC points out, these measures are largely aimed at getting China’s over-the-counter derivatives market aligned with international standards, as agreed upon by G20 leaders in 2009. Just as was the case with the Futures and Derivatives Law, this piece of complementary regulation serves to ensure the development of a more sophisticated, robust, and secure Chinese derivatives market…
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PBoC extends CNY trading hours

More than 60 offshore banks and other financial institutions are CFETS members. Longer trading hours mean they can trade CNY – rather than offshore CNH – at more convenient times…
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