Central securities depositories want China to ease FX rules

Dec 16, 2009

Clearstream and Euroclear have signed agreements with the new Shanghai Clearing House, but fully efficient links to securities depositories in China are still some way off.

The new Shanghai Clearing House is working with European central securities depositories Clearstream and Euroclear to bring best practices to China's foreign exchange and over-the-counter (OTC) bond markets.

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