FangQuant › Commodities Futures

Announcement on Running Mock Test of TAS on Crude Oil Futures

Fang submitted 2020-01-13 10:18:19
Members, Overseas Intermediaries:

Shanghai International Energy Exchange (INE) plans to conduct its mock test of TAS (Trade at Settlement) on Crude Oil Futures from January 13, 2020 (Monday) to February 7, 2020(Friday) (The mock test will be suspended during the Spring Festival from January 24, 2020 to January 30, 2020). The details are as follows,

1. Participate in Trading

Accounts, passwords, trading codes, etc. use the data set up in INE’s mock test environment.

2. Target Contracts

SC2003

3. Trading Hours

Central auction, 9:00 - 10:15, 21:00 - 02:30 (+1) (the Beijing Time) from Monday to Friday.

4. Relevant Parameters

Item

Parameter

Product

sc

TAS Symbol

sc2003TAS

Underlying Contract

The first two contracts listed

Contract Size

Same as the underlying contract (1000 barrels per lot)

Price Quotation

Same as the underlying contract ((RMB) Yuan per barrel)

(no tax or duty included in the quotation)

Last Trading Day

The 8th trading day before the last trading day of the underlying contract

Daily Price Limits

0

Minimum Trading Margin

10% of the underlying contract value

Transaction Fee

20 Yuan / lot

Transaction Fee (Closing-out the historical position)

20 Yuan / lot

Transaction Fee (Closing-out the position opened on the same day)

0 Yuan / lot

Maximum Order Quantity of Limit Order

500 lots

Minimum Order Quantity of Limit Order

1 lot

5. Technical Guidelines

5.1 Mock Trading System (accessed via the securities and futures industry test network)

Front-ends Name Server (FENS) addresses:

42.24.1.47

42.24.1.48

To obtain the IP addresses of INE mock trading system through the FENS servers, please use TCP port 5901 for normal connections; to obtain the IP addresses of market data system through the FENS servers, please use TCP port 5903 for normal connections.

When dealing with the network security control strategy, all members and data vendors should open TCP ports 5901, 5903, 43005, 43011 to the network segment 42.24.1.0/24 and TCP ports 80, 443, 7002 to the network segment 42.24.1.0/24. Please ensure that the communication of the network segment and the protocol ports mentioned above is normal.

INE’s Level 1 market data has the subscription number of 5001 and is sent out each two seconds.

5.2 Mock Member Service System (accessed via the securities and futures industry test network)

http://42.24.1.245

5.3 Mock Overseas Intermediary Service System (accessed via internet)

https://124.74.244.145 or https://220.248.39.145

5.4 CFMMC’s Mock Unified Account Opening System

If you need to open a new client account, please apply through the following addresses,

(1) Web Addresses

l Accessed via Internet

China Unicom: https://114.247.41.212/test/

China Telecom: https://124.127.115.212/test/

Domain name:

https://zjfzkhweb.cfmmc.com.cn/test/

l Accessed via the securities and futures industry test network

https://42.0.2.2:7002/test

(2) API Addressed:

l Accessed via Internet

China Unicom: ssl://114.247.41.213:51002

China Telecom: ssl://124.127.115.213:1002

Domain name:

ssl://zjfzkhapi.cfmmc.com.cn:51002

5.5 Data Preparation

Please prepare for the technical system in advance. If you need more member money for testing, please contact INE’s staffs.

6. Contact Information

Energy Products Department: 021-2061612620767926

Technical Consultation: 021-68400802

It is hereby notified.

Shanghai International Energy Exchange

January 6, 2020

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