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China’s commodity exchanges ask firms to register products

Posted on 10 November 2016

China’s main commodity exchanges have asked finance firms to register details of their products, the latest move by Beijing to increase supervision over risky products. China has taken a series of steps this year to cool the rise of highly leveraged commodities futures products as part of an attempt to reduce risk in financial markets.
Futures firms, funds, trust companies, brokerages and insurers, among others, will need to register their asset management products, the Dalian Commodity Exchange, Shanghai Futures Exchange and Zhengzhou Commodity Exchange said in notices posted on Tuesday………………………………………Full Article: Source


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