OTC derivatives trading for securities companies to take off in China

A open sign

The China over-the-counter derivatives market for securities companies is set to open up, following steps undertaken by the country's regulators to encourage growth within the industry.

On December 21, 2012, the Securities Association of China (SAC), with the approval of the China Securities Regulatory Commission (CSRC), released 'Regulations on over-the-counter trading for securities companies'.

The rules are seen as a measure to strengthen the development of a multi-tier capital market and to

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