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: 021-20616126,20767926
Technical Consultation: 021-68400802
It is hereby notified.
Shanghai International Energy Exchange
January 6, 2020