Schroders China JV suffers ETF embarrassment

Jan 3, 2010

An embarrassing trading mistake at Bank of Communications Schroder sheds light on the shaky foundations of ChinaÆs exchange-traded fund mechanism.

Just as China prepares for the development of a new generation of international exchange-traded funds (ETFs), there has been an incident that no government official or fund executive would have wanted to occur. And it has been a sobering reminder that China's ETF platform is yet to fully mature.

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