日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Citi receives futures margin depository bank license in China

By Jiang Xueqing | chinadaily.com.cn | Updated: 2018-06-29 17:48
Share
Share - WeChat
[Photo/VCG]

Citibank (China) Co Ltd announced Friday that it has received a futures margin depository bank license from the China Financial Futures Exchange to act as a futures margin depository bank for clients in the China futures market.

"As the first American bank granted the FMDB license in China, this new license enables Citi to provide futures margin deposit services to our QFII and RQFII clients," said Christine Lam, president and CEO of Citi China.

"FMDB is a cash-related service and this adds to our ability to serve clients and demonstrates our commitment to global clients to provide them a complete market access solution for China. We are honored to be making a further contribution to support the continued opening-up of Chinese financial markets," Lam said.

China has unveiled a shortened negative list for market access of foreign investment, removing restrictions on a wide range of sectors. Restrictions on the ownership by foreign investors in entities such as securities firms, fund management companies and futures companies will be relaxed to 51 percent this year and is set to rise to 100 percent by 2021.

In China, qualified foreign institutional investors and the renminbi qualified foreign institutional investors who trade equity index futures instruments on the China Financial Futures Exchange must open a margin deposit account with a licensed futures margin depository bank. The FMDB plays a crucial role in facilitating the movements of margin payments associated with futures traded on the exchange.

"Citi China's FMDB license is a piece of welcoming news for many of our QFII and RQFII clients," said Harry Peng, managing director and head of prime, futures and securities services for Citi China. "We are in a unique position – as the only American bank who can offer a complete solution to international investors to invest into China, whether it's equity or fixed income, directly (QFII, RQFII and CIBM direct scheme) or via Hong Kong (Stock Connect and Bond Connect), end to end, from sales, trading, research to custody, clearing and settlement. We have the full licenses and capabilities in China on the ground."

In providing cross-border securities services, Citi has more than 20 years of experience in China's capital market custody services, witnessing the opening-up of China's capital markets. Citi has fully participated in the development of China's qualified domestic institutional investor and qualified foreign institutional investor markets, including policy recommendation, domestic and international market development.

Yigen Pei, managing director and head of Citi China treasury and trade solutions, said: "It has been 20 years since Citi started to offer cash and treasury services in the China market. The FMDB license is an important milestone that sees us extend our cash and treasury services to clients that trade on financial exchanges."

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 久久99精品久久久久久臀蜜桃 | 艹逼网站 | 一区二区三区视频免费 | 欧美成人一区二区 | 久久99精品这里精品动漫6 | 一区二区三区免费在线观看 | 青娱在线视频 | 久久久精品一区 | 亚洲天堂一区二区三区 | 亚洲第一页在线播放 | 午夜寂寞影视在线观看 | 在线中文字幕日韩 | 免费久久精品国产片香蕉 | 无码日韩精品一区二区免费 | 亚洲精品一区 | 亚洲高清在线视频 | 成人特级毛片 | jyzzjyzzjyzz日本在线观看 | 欧美激情人成日本在线视频 | 国产欧美一区二区精品久久久 | 欧美专区视频 | 久久久久毛片免费观看 | 国产精品久久久久影院色老大 | 激情奇米 | 人妖一区| 9久9久女女热精品视频免费观看 | 国产福利在线看 | 亚洲精品资源 | 久久国产高清 | 国产成人18黄网站免费网站 | 三级免费网址 | 人人综合网| 国产69精品久久久久999小说 | 国内精品玖玖玖玖电影院 | 国产欧美一区二区 | 色在线视频播放 | 在线播放国产精品 | 爱操影视 | 亚洲在线播放视频 | 久久午夜精品 | 777色狠狠一区二区三区香蕉 |