On January 29, the official website of Dalian Commodity Exchange (hereinafter referred to as "DCE") issued a notice approving HSBC Bank (China) Limited (hereinafter referred to as "HSBC China") as a designated futures margin depository bank and allowing overseas customers to deposit margins. This is the first time that foreign banks have been introduced as depository banks for futures margins since the internationalization of DCE. It is also the 10th Bank approved by DCE to carry out depository business for overseas customers.
With the development of this new business, HSBC will be able to help foreign brokers and foreign traders directly open futures settlement accounts. While making cross-border transfers quickly and conveniently, it can transfer margins to futures company accounts through inner-bank transfer, which makes the settlement process of foreign investors more convenient and efficient.

Zhu Jiadong, general manager of HSBC's China Global Capital Management Department, said: "After the launch of the new business, the preparation and business process for our overseas customers to invest in iron ore futures have been simplified, and the margin transfer time has been further shortened, which helps investors to improve the efficiency of the use of account funds. As an international bank that has been actively supporting the opening of China's financial
market, HSBC will make full use of its cross-border linkage advantages to help more foreign investors participate in China's commodity futures market.

At the same time, the relevant person in DCE said that since the formal start of iron ore internationalization in 2018, DCE has actively introduced foreign banks as deposit banks for futures margin in order to improve and optimize the overall structure of deposit banks. HSBC has abundant experience in overseas customer service. The introduction of HSBC as a depository bank for designated futures margin will help to provide more convenient and high-quality capital services for overseas traders, so as to better serve overseas traders to participate in transactions.


1月29日，大连商品交易所（下称“大商所”）官网发布通知，核准汇丰银行（中国）有限公司（下称“汇丰中国”）为指定期货保证金存管银行，准予开展境外客户保证金存管业务。这是大商所国际化以来首次引入外资银行作为期货保证金存管银行，也是目前为止大商所核准的第10家开展境外客户保证金存管业务的银行。

随着该项新业务的开展，汇丰将可帮助境外经纪机构及境外交易者直接开立期货结算账户，在快捷便利地进行跨境划款的同时，通过同行转账即可将保证金划至期货公司账户，这使得境外投资者的结算过程更为便利和高效。

汇丰中国环球资金管理部总经理朱家栋表示：“新业务推出后，我们的境外客户进行铁矿石期货投资的准备工作和业务流程得以简化，保证金的汇划时间也进一步缩短，这有助于投资者提高账户资金的使用效率。中国正致力于进一步推进商品期货市场对外开放，作为一直以来积极支持中国金融市场开放的国际性银行，汇丰将充分运用自身的跨境联动优势，帮助更多的境外投资者参与到中国的商品期货市场中来。”

大商所相关负责人同时表示，自2018年铁矿石国际化正式启动以来，大商所积极引入外资银行作为期货保证金存管银行，以完善和优化存管银行整体格局。汇丰银行具备丰富的境外客户服务经验，引入其为指定期货保证金存管银行将有助于为境外交易者提供更为便捷和优质的资金服务，从而更好服务境外交易者参与交易。