Bucking the trend: Derivatives market liberalisation in China
In contrast to regulatory efforts in the US and Europe, China’s lawmakers are pushing for greater liberalisation of domestic derivatives, as Isda’s Jing Gu writes
In international markets, insurance companies and securities companies have been important players in the over-the-counter derivative sector for a while – but not in China. Financial derivatives have been viewed primarily as banking products since they first appeared in China. Banks have not only used OTC derivatives to hedge their own assets or liabilities but also provided hedging products to
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