FangQuant › Commodities Futures

CSRC officially approved the CFFEX,DCE,ZCE,SHFE,INE as

Fang submitted 2019-01-24 09:57:26

Recently, the China Securities Regulatory Commission officially approved CFFEX,DCE,ZCE,SHFE,INE as "Qualified CCP" (QCCP).

Central Counterparty (CCP) means a legal person that gets between both parties to a futures trade after conclusion of the trade, becoming the buyer to every seller and the seller to every buyer, conducts clearing on a net basis, and provides centralized performance guarantee for futures trading.

One official from DCE said that compared with common CCP, QCCP has more benefit on some international regulations such as the trading risk exposure and risk weight of counter-party, which is conducive to attract more foreign investment institutions and investors to participate in domestic futures market transactions and enhance the international influence of the exchange.



证监会正式批复中金所,大商所,郑商所,上期所,能源中心为“合格中央对手方”
近期,中国证监会正式批复中金所,大商所,郑商所,上期所,能源中心为“合格中央对手方”(Qualifying CCP,简称为QCCP)。期货市场中的中央对手方(Central Counterparty,简称“CCP”)是指期货交易达成后介入期货交易双方,成为所有买方的卖方和所有卖方的买方,以净额方式结算,为期货交易提供集中履约保障的法人。大商所相关负责人表示,相比普通的CCP,QCCP在对手方交易风险敞口权重等国际监管要求上更加优惠,有利于吸引更多境外投资机构和投资者参与国内期货市场交易,提升交易所的国际影响力。


Currently no Comments.