www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

   

Firms licensed for financial futures brokerage

By Wang Lan (China Daily)
Updated: 2007-07-17 09:35

In a major step toward introduction of financial futures trading, the China Securities Regulatory Commission (CSRC) has licensed the first two commodity futures companies to operate brokerage business in financial futures.

The two companies, Beijing Yin Jian Futures Co Ltd and Shanghai Jiu Heng Futures Brokerage Co Ltd, are believed to have won the CSRC approval for their well-established security record of business operation and credible mechanism of risk management, market sources said.

Guo Zhinan, deputy manager of Shanghai Jiu Heng Futures Brokerage Co Ltd, said the approval was an indication of his company's efforts to meet the high standard of risk management and operational integrity demanded by the China Financial Futures Exchange (CFFEX).

Related readings:
 China may put off launch of stock index futures
 Illegal trades decrease at futures exchange
 Rules for financial futures reflect growing concern
 China may issue 1st financial futures licenses in a month

"A stable growth potential is our competitive edge, although our current turnover scale is not as big as some other futures companies," Guo said.

Many more commodity futures companies are expected to be licensed in the coming months, sources said. There are around 160 commodity futures companies in the country and many of them have applied for a license.

CFFEX hasn't specified the target date for the launch of trading in stock index futures, the first product. But industry insiders said preparations for the opening, including mock trading sessions to help familiarize traders, have been on for months.

The licensing of the first two commodity companies indicates the CFFEX's membership system is taking shape.

"Specifying the exchange's membership system is an important part of preparing for the final launch of the index futures and the approval of broker members is the initial step," said Li Jingyuan, an analyst with Hai Fu Futures Co Ltd.

In addition to broker members, there are also trading clearing members and all-round clearing members within the CFFEX membership system.

A trading clearing member is allowed to conduct clearing business for its clients, without having to clear the transaction through the all-round clearing members, who are qualified institutions like banks and other futures companies.


(For more biz stories, please visit Industry Updates)



主站蜘蛛池模板: 国产区精品 | 欧美一区二区三区精品 | 婷婷亚洲久悠悠色在线播放 | 免费看国产精品久久久久 | 综合久久久久久 | 成人免费一区二区三区在线观看 | 97在线碰碰观看免费高清 | 一级做a爱过程免费观看 | 亚洲精品一区二区三区福利 | 日韩免费毛片全部不收费 | 日本一区二区不卡久久入口 | 91亚洲自偷手机在线观看 | 亚洲精品 欧美 | 免费国产成人手机在线观看 | 欧洲美女a视频一级毛片 | 一 级做人爱全视频在线看 一本不卡 | 国产精品亚洲一区二区三区久久 | 成人黄色在线免费观看 | 久久国产午夜精品理论片34页 | 99精品一区二区三区 | 正在播放的国产a一片 | 午夜宅男在线永远免费观看网 | 久久久久久久国产精品毛片 | 中文字幕一区2区 | 在线视频观看免费视频18 | 亚洲欧洲一级 | xxxxxxxxhd日本 | 国产亚洲精品一区二区三区 | 久久免费香蕉视频 | 国产日韩一区二区三区在线观看 | 国产免费播放一区二区 | 精品九九久久国内精品 | 成人97 | 日本一级爽毛片在线看 | 特大一级aaaaa毛片 | 免费一级欧美片片线观看 | 日本aaaaa级毛片 | 一级美女黄色片 | 宅男66lu国产乱在线观看 | 久久毛片免费看 | 成人123|