BEIJING, July 17 (Xinhua) -- China's Shanghai and Shenzhen bourses stressed on Tuesday adherence to the same treatment principle in high frequency trading (HFT)-related charging rules for Chinese and foreign financial institutions, reported Xinhua Finance on Wednesday.
The two exchanges are currently in research and feasibility studies over the differentiated charging rules for HFT and planned to optimize related charging mechanisms on basis of thorough assessment and calculation.
With a goal to enhance the pertinence of HFT regulation and supervision, Shanghai Stock Exchange and Shenzhen Stock Exchange said to fairly treat all market participants and some worries about the unfair treatment for Chinese and foreign institutions were unnecessary.
For debut of the differentiated charging arrangements for HFT institutions, the two exchanges reiterated prudent and orderly launching after thorough consideration of opinions and suggestions from market players.
(Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
A single purchase
