Regulator mulls circuit-breaker rules for volatile market
China’s securities regulator said it was considering introducing circuit-breaker rules in battling major market fluctuations to avoid a repeat of the chaos that led to wild fluctuation in the Shanghai stock market.
The regulator will also make clear the definition of abnormal trading in securities and futures markets, while trying to improve information disclosure on unusual trading, a spokesperson for the China Securities Regulatory Commission said.
The market watchdog will also strengthen supervision over the trading system, the CSRC said.
A glitch in Everbright’s system for proprietary trading triggered a deluge of orders that caused a short-lived spike in the Shanghai stock market on August 16, with the key index rocketing up to 5.9 percent in two minutes.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.