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Futures business
Source: Xinhua |
February 12, 2011, Saturday
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Print Edition
Print Edition
CHINA'S securities regulator yesterday said it will allow qualified futures firms to run consulting business on futures investment for profits.
The business includes consultations on risk management and futures transactions, as well as futures research and analysis, the China Securities Regulatory Commission said in a draft for collecting feedback posted on its website.
The new policy aims to meet the increasing demand from enterprises and clients for the use of futures markets for risk management and hedging amid large fluctuations of commodity prices in recent years, an official of the regulator said.
The business includes consultations on risk management and futures transactions, as well as futures research and analysis, the China Securities Regulatory Commission said in a draft for collecting feedback posted on its website.
The new policy aims to meet the increasing demand from enterprises and clients for the use of futures markets for risk management and hedging amid large fluctuations of commodity prices in recent years, an official of the regulator said.
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