Thursday October 23 2014
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: China
Link: http://www.szse.cn/main/en/AboutSZSE/SZSENews/SZSENews/39753111.shtml
On October 20, Shenzhen Stock Exchange (SZSE) issued the first batch of exchange traded money market funds (ETFs). Money ETF, upgrading and transforming on the basis of original exchange subscription and redemption money fund, is not only a significant innovation launched by SZSE this year, but also an important measure of carrying out the New National Nine and Opinion on Promoting the Innovative Development of Securities Invested Fund Sector.
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