“互换通”增加三家报价商

Core Insights - The "Swap Connect" has added three new market makers: Huatai Securities, Shanghai Bank, and DBS Bank (China) to enhance market activity and support the expansion of the program [1][2] - The program facilitates participation in the financial derivatives market for both domestic and foreign investors through a connection between mainland China and Hong Kong [1] Group 1 - The People's Bank of China announced the expansion of "Swap Connect" market makers to optimize management mechanisms [1] - The Shanghai Clearing House is collaborating with the China Foreign Exchange Trade System to support the new market makers in their operations [1] - "Swap Connect" provides a more convenient, efficient, and secure channel for investors to participate in the financial derivatives market [1] Group 2 - As of September 2025, "Swap Connect" has seen participation from 103 domestic and foreign investors across 15 countries and regions, with a total of 16,000 transactions and a nominal principal of 8.58 trillion yuan [2] - The expansion of market makers is expected to enrich the existing participant structure and enhance the attractiveness of RMB assets [2] - This initiative supports China's financial market's high-level opening to the outside world [2]