日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

   

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: 亚洲日本免费 | 欧美在线一区二区三区四区 | 黄色伊人网 | 嫩草影院污 | 色婷婷在线视频 | 第四色在线视频 | 一区二区在线视频播放 | 男人操女人的视频网站 | 国产免费一区二区三区在线观看 | 日韩精品视频网 | 免费毛片一级 | 青青草网 | 成人毛片在线视频 | 久久久免费av | 成人在线免费观看视频 | 久久国产香蕉 | 天堂成人网 | 久久久久久久91 | 中国毛片在线观看 | 欧美日韩在线影院 | 粉嫩av四季av绯色av | 国产又粗又猛又爽又黄的视频四季 | 国产做受高潮 | 免费精品一区二区 | 在线中文字幕一区 | 日韩中文字幕影院 | 久久三 | 老司机黄色影院 | 国内一区二区 | 国产精品一级片 | 一级黄色大片 | 成人看片免费 | 成人国产片女人爽到高潮 | 日韩精品1 | 日韩欧美在线免费观看 | 草草影院国产第一页 | 成人免费毛片果冻 | 欧美人妖xxxx | 色网在线看 | 国产视频一区在线 | 成人在线精品 |