Period authority new rule is formal outside field come on stage, do not set transfer period, the bottom was carried out formally in May.
Association of trade of Chinese negotiable securities allotted " about strengthening the announcement that self-discipline of period power business manages outside stockjobber field further " (abbreviation " announcement " ) , self-discipline of period power business manages outside aggrandizement field, stockjobber trades cent for one class business trades with 2 class business, fail clearly to become trade the stockjobber of business must not be begun with the client outside field period power business, carry out formally at rising on May 28.
Reporter of certificate business China combed " announcement " 10 gist dot:
2, one year classified grade is in recently A kind the stockjobber of AA class above, classics card inspect can be approbated, can become one class to trade business; One year classified grade is in recently A kind the stockjobber of class A above, association of trade of classics China negotiable securities puts on record, can become 2 class to trade business.
3, fail to become trade the stockjobber of business must not be begun with the client outside field period power business.
4, one class trades business can open position in Shanghai deep stock exchange inside trade to rushing special account, begin directly trade to rushing.
5, one class trades whether does the range that business ought to design requirement and label according to oneself agreement accept 2 class to trade certainly of business trade to rushing. One class trades business ought to build fair, justice a mechanism of period authority quote, must not use trade advantage position have unfair competition.
6, 2 class trade business can trade with one class only business undertakes trade to rushing, do not get proper motion or trade with one class besides business trade adversary is begun inside field trade to rushing. 2 class trade business should ensure its and adversary just trade with one class business reachs respectively of a prize of couple of period power agreement, structure of dimensions of contract deadline, agreement, earnings trade element keeps basically consistent.
7, 2 class trade business happening is not accorded with put on record condition, when absorbing the case such as amalgamative and other stockjobber, ought to remove 5 to trade in a few days to report to association from the day that produce, accept manage continuously. Association trades to 2 class business hold fixed organization assesses trade situation, execute trends to adjust according to evaluating a result.
8, period power business trades outside field of company of association verify certificate of mark, to developing symptom execute autonomic management. Trade business can be begun with according with rated condition, the asset such as stock index, heavy goods is contract award outside field period power business.
9, of a mark, of stock index mark limits is evaluated regularly by association, adjust and announce through official website. Trade outside bazaar period power business of a mark, of stock index mark what limits must not exceed association to announce is current list.
10, in the monitoring monitoring that card quote should strengthen business case, content of the monitoring that monitor includes but not investor of be confined to is suitable outside gender, field period of mace, trade price, trade to be spent centrally, fluctuant trend, adversary just distributings, honor the agreement the circumstance is fluctuant wait for key link, meet in time to inspect of card of association, China the report is unusual circumstance and major item.
Trade business is statified, stockjobber cent trades for one class business trades with 2 class business
On May 11 inspect meets card allot to partial orgnaization " about strengthening the announcement that period power business superintends outside stockjobber field further " later, association of trade of Chinese negotiable securities allotted autonomic regulation recently, comparative two files, except allot main body to differ beyond, the file is multinomial compasses phasing is consistent.
The announcement included 29 content, main attention dot is in trade the management of business government and mark two respects.
In trade business government field, announcement regulation, stockjobber is begun outside field period power business, cent trades for one class business trades with 2 class business:
One year classified grade is in recently A kind the stockjobber of AA class above, inspect of classics China card can be approbated, can become one class to trade business;
One year classified grade is in recently A kind the stockjobber of class A above, association of trade of classics China negotiable securities puts on record, can become 2 class to trade business;
Fail to become trade the stockjobber of business must not be begun with the client outside field period power business.
The announcement trades to one class business trades with 2 class of business trade limits also undertook formulary:
If be one class trades,business can be in Shanghai deep stock exchange opens position inside trade to rushing special account, begin directly trade to rushing. 2 class trade business can trade with one class only business undertakes trade to rushing, do not get proper motion or trade with one class besides business trade adversary is begun inside field trade to rushing.
Additional, one class trades whether does the range that business ought to design requirement and label according to oneself agreement accept 2 class to trade certainly of business trade to rushing. One class trades business ought to build fair, justice a mechanism of period authority quote, must not use trade advantage position have unfair competition. 2 class trade business should ensure its and adversary just trade with one class business reachs respectively of a prize of couple of period power agreement, structure of dimensions of contract deadline, agreement, earnings trade element keeps basically consistent.
Analyst of trade of a certificate points out, period authority scale is larger outside field, trade adversary is more multivariate, criterion the risk is more dispersive, right strong result more actor, new rule drives business to be centered to one stage business of purpose, and wind of one stage business accuses, capital actual strength is stronger, reduce market risk then. 2 class trade business can be passed only participate in to rushing with one stage business, control a venture effectively and save trade cost, one class trades business has more advantage places.
According to grade result, one year classified grade is in recently A kind the certificate business of class A above has 11. The newest data of system of quote of the card in the basis, single in April 2018 month, stockjobber issues accrual certificate aggregate 2847, distribute scale sixty-one billion eight hundred and sixty-five million yuan. Stockjobber accumulative total issues before 4 months accrual proof two hundred and seventy-six billion eight hundred and eighty-six million yuan, average every month is close to 70 billion yuan.
In fact, in every months of hundreds accrual proof product of 100 million, the product of period authority outside field of link up with has been occupied quite scale. The sea connects the Sun Ting of group of the banking that be not silver to think, head certificate business will continue to get run, trade business is statified will bring about outside field period authority capital more draw close to large certificate business, and medium or small certificate business will face bigger challenge.
Announcement requirement, trade business discovery is unusual trade, ought to report in time to association of negotiable securities trade. 2 class trade business happening is not accorded with put on record condition, when absorbing the case such as amalgamative and other stockjobber, ought to remove 5 to trade in a few days to report to association from the day that produce, accept manage continuously. Association trades to 2 class business hold fixed organization assesses trade situation, execute trends to adjust according to evaluating a result.
Trends is adjusted trade of mark, outside short-term field period authority dimensions or will contractive
Association of trade of Chinese negotiable securities will be right period power business trades outside stockjobber field of mark, to developing symptom execute autonomic management.
According to the announcement, trade business can be begun with according with rated condition, the asset such as stock index, heavy goods is contract award outside field period power business. Of a mark, of stock index mark limits is evaluated regularly by association, adjust and announce through official website. Trade outside bazaar period power business of a mark, of stock index mark what limits must not exceed association to announce is current list.
Shanghai deep stock exchange consults the list of the bid that society government website announces, trade to one class business undertakes monitoring monitoring to strong special account. Outside field period power business of a mark, of stock index mark limits executes trends to adjust, trade business must not leave newly and exhibition period is executed by bourse risk caution, release time-out to appear on the market or stop appear on the market risk clew, enter stop appear on the market of the program be mark outside field period authority.
"This will reduce a risk undoubtedly, control market dimensions. " afore-mentioned analysts point out, derived outside field 2017 article, especially outside field a period power business begin like a raging fire, according to data of association of negotiable securities trade, derived outside field 2017 article (crossing-over + period authority) accumulative total adds 748.9 billion yuan newly, grow 37 ％ compared to the same period. Period authority dimensions will be contractive outside predicting short-term infield, from will for a long time look, the investor of normative market, protection, whole health that prevents to superintend a benefit to be helpful for an industry develops.
Clear investor participates in 3 gates cage
Announcement requirement, trade business ought to be investigated through fulfilling one's duty, requirement investor offers proof material, inquiry the measure such as open letter breath, whether does the investor that check satisfy admittance standard. Trade business ought to be built trade Zhang of adversary government stand, to trading adversary undertakes penetrating checking, ensure the investor of the client after penetrating is suitable of sexual management, depositary hold trade act is careful, close compasses.
Investor ought to be to accord with " investor of negotiable securities futures is suitable sexual government measure " professional orgnaization investor, contented:
1, law ginseng and need to satisfy: Net assets of nearly 1 year end not under 50 million yuan, financial capital not under 20 million yuan, have the relevant investment experience such as negotiable securities of 3 years of above, fund, futures;
2, endowment canal orgnaization participates in on behalf of the product: The financial capital dimensions that nearly one year end manages not under 500 million yuan, have product of banking of 2 years of above to manage experience;
3, the product participates in: Close compasses the blame structuralization product that create, dimensions not under 50 million yuan.
In the meantime, trade business ought to unite the monitoring that monitor centrally to orgnaization of same subject pilot, product, leave mark adequately to investor admittance process, undertake final examine and verify by headquarters.
Association of trade of Chinese negotiable securities asks, one class trades business ought to develop market guiding duty adequately, trade to 2 class business and its adversary trade just purpose, trade of mark, trade behavior undertake monitoring assessment. Trade business ought to is opposite every year at least the aptitude check of investor, evaluate the means such as appraise to ensure investor accords with proper sex to run a requirement continuously through fixed pay a return visit, inspect.
As we have learned, after the announcement that meets in card inspect allots, the business of period authority outside field is already exceeding and atrophic, a few in the business of little ticket business nearly backwater.
Do not set transfer period, rose to be carried out formally on May 28
Notable is, the announcement is carried out since allotted day, namely on May 28, do not set transfer period.
Announcement requirement, trade period power business is main outside the field that business and association maintain trade adversary (newspaper of the following a general designation sends an orgnaization) outside the field that ought to send a regulation to association newspaper regularly information of period power business. Business information includes but not be confined to is in SAC, NAFMII, ISDA advocate agreement outside the field below information of period power business. Business information ought to send an orgnaization to send to system of report of business of the negotiable securities outside field by formulary newspaper by the newspaper.
Card interagency quotes in systematic Inc. (the card in abbreviation quotes) the business datagram that should fall to send an orgnaization to the newspaper in association guidance sends executive administration. Card quotes the statistic that strengthens pair of business information is analysed in, can sign up for to inspect of association, card regularly send statistic the report.
The specific content that monitor includes but not investor of be confined to is suitable outside gender, field period of mace, trade price, trade to be spent centrally, fluctuant trend, adversary just distributings, honor the agreement the circumstance is fluctuant wait for key link, can report in time to inspect of association, card unusual situation and major item.
The announcement reminds, trade quote of the card in answering to pay close attention to closely knows business period authority is relevant outside the field that business of the negotiable securities outside cross the stage reports the channel such as net of official of system, association is released news announcement (include but not bulletin of information of period power business sends relevant announcement, risk control outside field of be confined to relevant announcement, had done pertinent information declared to supervise the work.
Severe superintendency skill, clear 3 violate compasses item greatly
According to the announcement, trade business did not send business information, influence to monitor monitoring case by requirement newspaper, association basis " measure of government of self-discipline of association of trade of Chinese negotiable securities and disciplinary treatment implement measure " take autonomic chasten step; The clue is serious, move inspect sending card can be investigated.
1. reports accumulative total of defer pen a few months achieves 3 above continuously, or monthly report, quarter report, year reports defer newspaper sends, inspect its clue weight to adopt a talk to remind, caution, instruct rectify and reform wait for autonomic government measure.
Accumulative total of a few months of 2. wrong pen achieves 3 above, or of occurrence mistake of monthly report, quarter report, year report, inspect its clue weight, take autonomic government measure and disciplinary treatment respectively.
Easy maturity of 3. cut best friend still did not sign up for those who send business message, or did not trade in a few days to report in 3 since the day that major item produces oneself, inspect its clue weight, take autonomic management respectively measure, disciplinary treatment and move inspect sending card can be investigated.
To trading business begins what period power business is suspected of lawbreaking code, superintendency regulation or existence weighing hidden danger of fresh gale risk outside field, association will turn over bureau of inspect of card of its abode ground to be handled lawfully, report card inspect is met.
The article comes from certificate business China
