Chinese money brokers cut data feeds to vendors after regulator ban - traders

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SHANGHAI : Chinese money brokers cut data feeds to vendors on Wednesday following a ban from regulators, traders said, sending participants in the country's $21 trillion bond market scrambling for workarounds as Beijing tightens its grip on data.The brokers, which include the joint ventures of Tullett Pre

SHANGHAI : Chinese money brokers cut data feeds to vendors on Wednesday following a ban from regulators, traders said, sending participants in the country's $21 trillion bond market scrambling for workarounds as Beijing tightens its grip on data.

Neither the money brokers nor their regulator, the China Banking and Insurance Regulatory Commission , have so far responded to requests for comment. Some vendors' platforms had blank pages where prices used to be contributed by money brokers, according to screens seen by Reuters.

Source: News Formal (newsformal.com)

 

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