the Shanghai Securities ExchangeMargin trading pilot regulations

Approved by the China Securities Regulatory Commission, the Shanghai Securities Exchange margin trading regulations (hereinafter referred to as the implementing rules) was officially released on 25th and shall enter into force as from the day of publication. Debut which means 1.5 years of stock market margin financing business in the Mainland will be "pilot" to "General". Official said the Shanghai Stock Exchange in 2006, the Shanghai Securities ExchangeMargin trading pilot regulations (hereinafter referred to as the pilot implementation of rules) to promulgate. Pilot since the start of 2010 margin business, after 1.5 years of practice. During this period, major changes in the market environment. In order to better adapt to market demands, cater for margin financing business from pilot to general business, approved by the China Securities Regulatory Commission, the pilot shangzhengsuo realDetailed rules for the application of those provisions had been amended. It is understood that this modified to "basic business system unchanged, those provisions make adaptation amendments" to the principle of margin with the China Securities Regulatory Commission, the securities company business management rules swtor credits, the guidelines on internal control of securities margin financing business of the company changes consistently. Subject to editorial changes to the provisions of existing rules, a new2 articles, amendments 13, mainly related to the underlying securities, preferred repayment, margin utilisation and conversion rates, to maintain security, and so on. According to the relevant provisions of the regulations and business development, shangzhengsuo or adjust the margin range of underlying securities. Margin range of underlying securities as a reference to the Shanghai Stock Exchange 180 index shares and meets the rules for the implementation of the relevant180 stocks provided, as well as meet the 4 rules for the implementation of exchange-traded open index funds. (. I. rich....)