Everbright executing OTC swaps for Chinese insurers
After being cleared to conduct over-the-counter equity derivatives, the securities firm seeks to target insurers initially. It sees room for growth in this area amid CSRC liberalisation.
Everbright Securities became one of the first companies allowed to conduct over-the-counter (OTC) equity swaps in China this month – a sign of the rising role such firms are playing in the development of the country’s capital markets.
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