China announced more short-selling curbs, pledged tighter scrutiny of programme tradingChina Securities Regulatory Commission (CSRC) announced on Wednesday a number of measures.
More curbs on short-selling
- securities re-lending - in which brokers borrow shares for clients to short sell - would be suspended from today, Thursday, 11 July 2024
- margin requirements would be raised for short-sellers, from 80% to 100%
Urged stock exchanges to publish detailed rules to regulate programme trading, especially high-frequency trading.
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: China announced more short-selling curbs, pledged tighter scrutiny of programme trading (https://www.forexlive.com/news/china-announced-more-short-selling-curbs-pledged-tighter-scrutiny-of-programme-trading-20240711/)
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