Photo taken on Jan. 28, 2019 shows the launching ceremony for natural rubber options at the Shanghai Futures Exchange in east China's Shanghai.
BEIJING, Sept. 19 (Xinhua) -- China Securities Regulatory Commission (CSRC), Chinese securities regulator, solicited from September 16 public opinions for the measures on administration of futures exchanges, reported Xinhua Finance.
CSRC took the move to enhance implementation of the futures and derivatives law of China, according to an announcement posted on its website on September 16.
Compared with the existing measures, the opinion-inviting version enriches and optimizes related contents from six aspects, including adding provisions about the listing regulations for futures products, defining the regulatory and supervisory responsibilities of futures exchanges over programmatic trading, strengthening management of actual control relationship, specifying permission of market maker system for futures transactions, enhancing regulation over cross-border cooperation of futures exchanges, and clarifying the concrete content of market information of futures transactions.
CSRC said the opinion invitation will end on October 16, 2022. (Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
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