About

Overview

Approved by the State Council of the People's Republic of China and founded by the China Securities Regulatory Commission (CSRC), the China Futures Market Monitoring Center Limited Corporation (CFMMC) was established as a non-profit corporation in March 2006. Its Shareholders include Shanghai Futures Exchange (SHFE), China Financial Futures Exchange (CFFEX), Zhengzhou Commodity Exchange (ZCE), and Dalian Commodity Exchange (DCE). The CFMMC has a registered capital of 1.365 billion RMB, and is subjected to the guidance, supervision and administration of the CSRC.

The major functions of the CFMMC include: (1) opening account for all investors in the futures market; (2) monitoring the security of the futures margins; (3) providing inquiry service on trading and settlement information for all futures investors; (4) monitoring of the futures markets; (5) conducting macroeconomic and industrial analysis and research;(6monitoring of the futures business institutions; (7) building and operating futures and derivatives trade repository; (8) acting as the manager of the Futures Investor Protection Fund for investor; (9) providing information service for regulatory authorities and futures exchanges; (10) conducting futures investors survey;(11assisting with the disposal of risky company.