The China Securities Regulatory Commission (CSRC) has given the green light to J.P. Morgan to take a 100% stake in its futures joint venture J.P. Morgan Futures Co., making it the first wholly foreign-owned futures company in the country. The regulator made the announcement through its website on Thursday, stating that the decision was in line with its effort to further open…
J.P. Morgan futures JV becomes first 100% foreign-owned futures firm in China
