Circular on Trading Access of Clients to TSR 20 Futures Contracts
According to the overall arrangement of listing TSR 20 futures, from 31st July 2019, eligible clients may apply to the Futures Firm Members (hereinafter referred to as FF Members), Overseas Special Brokerage Participants (hereinafter referred to as OSBPs), and Overseas Intermediaries for opening trading codes or trading access to TSR 20 futures.
Clients who open trading access to TSR 20 futures shall obey the standards of eligibility management in the Futures Trading Participant Eligibility Management Rules of the Shanghai International Energy Exchange. A client shall have an available balance of no less than RMB one hundred thousand (￥100,000.00) or equivalent amount in foreign currency in each of its margin accounts for five (5) consecutive trading days before applying for the trading code or for the trading access.
FF Members, OSBPs and Overseas Intermediaries shall obey the Futures Trading Participant Eligibility Management Rules of the Shanghai International Energy Exchange and Operational Guidelines for the Futures Trader Eligibility Rules of the Shanghai International Energy Exchange.
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