Beijing Options and Futures Exchange Introduces New eRights Service for Investors

Top Quote Another Initiative by BOFX to Create a More Facilitative Trading Environment. End Quote
  • (1888PressRelease) October 11, 2016 - Beijing - BOFX today declared the dispatch of eRights, conveying more noteworthy accommodation and straightforwardness to speculators by encouraging the electronic membership and installment framework when subscribing for Rights issue. Therefore, 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 household advertise, as well as the district."

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

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

    Late activities took off by BOFX incorporate the run revisions to permit the posting of Business Trust and Foreign Collective Investment Schemes and the patched up business rules for securities specialists.

    These activities are a piece of BOFX's four Strategic Intents that have been characterized as essential improvement projects to guide 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 strong and directed market where there is dependably a purchaser and a dealer, where there is dependably a cost and where there is dependably the chance to exchange or go out on a limb - 24 hours a day. Financial specialists esteem the BOFX as a lively fates, choices and item trade additionally for its nearby connections to industry. The Exchange gives makers and shoppers from all ventures 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 wares costs.

    www.bofx.org

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