China securities regulator to better supervise program trading
Updated: 2015-07-31 11:15
(Xinhua)
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BEIJING - China Securities Regulatory Commission (CSRC) said Friday it will strengthen supervision on program trading after recent sharp ups and downs in the stock market.
Program trading is a type of trading in securities, usually consisting of a basket of stocks that are executed by a computer program simultaneously based on predetermined conditions.
The CSRC said program trading amplifies gains and losses and increases market fluctuations.
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