StanChart is first non-Chinese bank to trade onshore CGB futures
China selects UK bank in first step to opening up its government bond futures market
China’s latest step towards opening up its financial sector is to green-light the first foreign bank to trade Chinese government bond futures onshore – a market previously accessible only to a few domestic banking giants.
In January, London-headquartered Standard Chartered announced the completion of its first CGB futures trade on the China Financial Futures Exchange, citing approvals from government regulators.
One key benefit of being able to trade onshore CGB futures lies in being able to
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