English > Finance&Economy > Finance-Breakingnews>Four Banks Approved for Gold Futures Trading

Four Banks Approved for Gold Futures Trading

04-03 13:57 Caijing

Full article in Chinese: http://www.caijing.com.cn/2009-04-02/110132677.html

»The first four banks – ICBC, Bank of Communications, Industrial Bank, and Minsheng Bank – were approved to participate in gold futures trading.

»Industry experts predict securities firms and fund management companies may participate in the futures market soon.

»The involvement of commercial banks in the futures market may change the client portfolio, as futures trading is dominated by retail investors.

 

Please contact Caijing Magazine for any inquiries. Reproduction in whole or in part without Caijing's permission is prohibited.
[ICP License: 090027] IDC License:[B2-20040250] Advertising Business License:[京海工商广字第0407号] 京公网安备110105005607号
Copyright by Caijing. All Rights Reserved