According to the “Detailed Clearing Rules of China Financial Futures Exchange (CFFEX)”, the management of settlement accounts is conducted in the following way:

The CFFEX manages the margins deposited by its clearing members in their special settlement accounts at the CFFEX in a separate way. It establishes a subsidiary account for each clearing member, and records and calculates the deposit, withdrawal, profit/loss, trading margin, commission, etc. of each clearing member in chronological order. 

Clearing members also manages the margins deposited by their clients and trading members in their margin accounts at clearing members in a separate way. They should establish a subsidiary account for each client and trading member, and record and calculate the deposit, withdrawal, profit/loss, trading margin, commission, etc. of each client and trading member in chronological order.

A trading member can entrust only one special clearing member or general clearing member with settlement.