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What Requirements Should a Member Satisfy for Providing EFP Services on Chinese Government Bond Futures? And How to Register for the EFP Business?
2019-09-02

A clearing member who meets the requirements of CFFEX may provide EFP services, while a trading member is not allowed to do so for the time being. A clearing member intending to provide EFP services is required to satisfy the following requirements: having the personnel necessary to facilitate EFP transactions; having the technical systems necessary to facilitate EFP transactions; having sound EFP management systems; and meeting other requirements as prescribed by CFFEX.

When registering for EFP services, a clearing member should submit to CFFEX its registration application and materials via the CFFEX member service system.