Fri, Dec 19, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Commodities Exchanges, Regulatory, Trading more

Beijing cracks down on trading houses

Posted on 25 November 2011

China’s government on Thursday said it has increased scrutiny of trading houses, and that exchanges set up without Beijing’s approval will be banned from trading derivatives and other financial products.

The number of outfits trading commodities, artifacts, precious metals, and other items has grown in tandem with the rise in the number of wealthy people in recent years. In the January-October period, 58 trading houses were established, the state-run China Daily newspaper said Thursday………………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 38515 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031