Monday December 7 2015
News Source: Global Exchanges
Focus: Trading Rules
Type: General
Country: China
Link: http://english.sse.com.cn/aboutsse/news/c/c_20151207_4019891.shtml
Shanghai Stock Exchange (SSE) has announced that it has issued regulations on the index circuit breaker mechanism by adding Section 5 Circuit Breaker Mechanism for Index to Chapter 4 of the “SSE Trading Rules”, with an aim to prevent the risk of dramatic market fluctuations, further improve the securities trading system, maintain the market order, protect investors’ rights and interests, and propel long-term and sound growth of the securities market.
The above Section 5 shall come into force on January 1, 2016 subject to approval by the China Securities Regulatory Commission.
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