China Eyes OTC Regs

12 Nov 2009

The People’s Bank of China is looking to regulate interbank over-the-counter derivatives.

--Daniel Flatt

The People’s Bank of China is looking to regulate interbank over-the-counter derivatives. The central bank is soliciting market professionals for their opinions on a variety of issues, including whether speculative trading should be permitted. Until now, trading has largely been for legitimate hedging purposes, because without PBC ...

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