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Commodities Briefing - Categorized | Commodities Exchanges, Futures and Options, Market Moves more

Chinese regulator bans futures brokers from providing margin financing

Posted on 11 November 2016

China’s futures brokers have been banned from providing margin financing, part of tighter measures aimed at cracking down speculation in the overheated financial market, according to a report in state-owned Shanghai Securities News.
The move by the China Securities Regulatory Commission comes amid other sweeping measures by the country’s major commodities exchanges this week, six months after the government stepped in to try to deflate a speculative bubble in the market…………………………………..Full Article: Source


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