As a national unified bill trading platform integrating bill trading, registration and custody, clearing and settlement, information service and other functions, Shanghai Bill Exchange will greatly improve the transparency and trading efficiency of the bill market, stimulate market vitality and better guard against bill business risks. The settlement of Shanghai Bill Exchange in Shanghai has a far-reaching impact on the construction of Shanghai International Financial Center and Pilot Free Trade Zone.
It is conducive to enriching the financial market infrastructure and further improving the market system and functions of Shanghai International Financial Center; It is conducive to attracting industry agglomeration, creating a new highland for the development of China bill market, and further enhancing the global influence of Shanghai International Financial Center; It is conducive to promoting the innovation of bill services and forms, and providing a new carrier for the joint development of the Pilot Free Trade Zone and the international financial center.
Extended data:
The arrival of bill exchange era has become a new turning point in the development of bill business, and the release of new asset management regulations makes the future development of bill market not only full of opportunities and variables; The establishment of debtor's credit evaluation mechanism may greatly promote the future development of commercial paper and play an extremely important role in the future development of bill exchange.
Before the integration of paper and electricity in the ticket exchange, bill asset management business has always been the most important form of bill business. Bill asset management business 20 13 rose, but the development was slow; Since 20 15, the proportion of bill transactions in rural credit cooperatives has been shrinking; At this time, the bill asset management business under the cooperation of bank and securities has become the mainstream development direction of the bill market.
Baidu encyclopedia-Shanghai bill exchange