Beijing Options and Futures Exchange Introduces New eRights Service for Investors

2024-11-07 02:29:55 News & Society

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Another Initiative by BOFX to Create a More Facilitative Trading Environment

Beijing, 2016 - BOFX today declared the dispatch of eRights, conveying more prominent comfort and simplicity to financial specialists by encouraging the electronic membership and installment framework when subscribing for Rights issue. Subsequently, singular shareholders will have the capacity to subscribe for Rights issue by means of web office like the present practice for electronic IPO applications by means of Electronic Share Application (ESA).

BOFX additionally propelled the Nominee Rights Subscription (NRS) e-administrations to encourage the electronic Rights membership and installment for candidates organizations.

BOFX Chief Executive Officer, Shen G. Zhaobai said that eRights is another activity by BOFX to make a more facilitative exchanging environment. Mr. Zhaobai said, "We are constantly finding a way to present new activities for the market with the goal to give a more facilitative exchanging environment to pull in more financial specialists and Issuers, inside our residential market, as well as the district."

With eRights shareholders now have adaptability and method of decision when applying for rights issue designation while Issuers will pick up from the productive stream of installments and lower cost because of electronic preparing.

"We are resolved to hoist our commercial center to immovably position BOFX as the main commercial center in the district. ", included Mr. Zhaobai.

Late activities took off by BOFX incorporate the govern corrections to permit the posting of Business Trust and Foreign Collective Investment Schemes and also the patched up business rules for securities agents.

These activities are a piece of BOFX's four Strategic Intents that have been characterized as fundamental upgrade projects to control the market to wind up the main commercial center.

About Beijing Options and Futures Exchange (BOFX)

BOFX unites members from the physical business and the money related group to make a vigorous and directed market where there is dependably a purchaser and a merchant, where there is dependably a cost and where there is dependably the chance to exchange or go for broke ? 24 hours a day. Speculators esteem the BOFX as a dynamic prospects, choices and product trade additionally for its nearby connections to industry. The Exchange gives makers and customers from all businesses with a physical market of final resort and, above all of all, with the capacity to fence against the danger of rising and falling world products costs.

www.bofx.org