Bar on bank participation to stymie China Treasury bond futures market relaunch

china1

The China Securities Regulatory Commission's (CSRC) attempts to restart domestic Treasury bond futures trading after an 18-year gap will be hampered by the bar on direct bank participation, observers say.

The CSRC announced plans at the start of July to resume trading of bond futures in China as early as September. However, the current regulatory approach allows only securities firms, but not banks, to participate in the exchange-traded market. Patrick Wu, head of trading China at JP Morgan in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: