Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

To Build The Systemic And All-Round Investor Appropriateness Management And Firmly Lay Down The Foundation For Market Development And Innovation - Shenzhen Stock Exchange General Manager Song Liping’s Speech At 6th China International Futures Conference

Date 03/12/2010

The conference held in Shenzhen focused on the futures market during the transformation of structure. Shang Fulin, the chairman of the CSRC, recently also stressed that the capital market shall give the full play to the vital role in pushing forward the independent innovation and structural adjustment.

Song Liping, the general manager of the SZSE, pointed out in her speech that the rule that the appropriate products are on sale for appropriate investors is a basic requirement for the sustained and steady development of capital market. With respect to the relation between investor appropriateness and market development and innovations, Ms Song emphasized at the conference a few points as follows: the first point is to probe into the investor appropriateness management in light of the market demands; the second one is to clearly define the risk levels and build the system for the systemic and all-round investor appropriateness management; the last point is to exploit the concerted effort of all sides and entirely improve the level of investor appropriateness management.

At the end, Ms Song mentioned that the SZSE, as the organizer and promoter of market trading, has been devoted to forge the financial supermarket and build the multiple trading technology system and trading methods. At the same time, the SZSE also has put much effort to provide the relevant trading and sale platform for various financial products and satisfy the demands of different investors for investment and risk management.