China traders on margin accounts is a thought both wildly exciting, yet utterly terrifying at the same time. Even more so in the wake of $10 billion in fraudulent currency trades discovered just last week.
Chinese markets have had a long standing reputation as being nothing more than unmonitored casinos plagued with corruption and insider trading. What could possibly go wrong?
According to the WSJ, the Hong Kong and Shanghai stock exchanges have published an overhaul of rules governing a…