SHANGHAI : China will launch market-making business on its exchange bond market from Feb. 6 to improve the market's functions, China's securities regulator said on Friday.The move can reduce bond issuance costs and improve bond pricing efficiency, the China Securities Regulatory Commission said in a state
SHANGHAI : China will launch market-making business on its exchange bond market from Feb. 6 to improve the market's functions, China's securities regulator said on Friday.
The move can reduce bond issuance costs and improve bond pricing efficiency, the China Securities Regulatory Commission said in a statement. The Shanghai Stock Exchange said in a separate statement that the first batch of market makers include Essence Securities, Orient Securities and ten other brokerage firms.
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