China Futures Margin Monitoring Center Co. Ltd.
| China Futures Margin Monitoring Center Co. Ltd. | |
| |
| Founded | March 2006 |
|---|---|
| Headquarters | Beijing, Shanghai |
| Key People | Zhang Jinsheng, President |
| Products | Futures Margin Control and Monitoring |
| Website | cfmmc.com |
The China Futures Margin Monitoring Center Co. Ltd. (CFMMC) is established, with the agreement of the State Council, by the China Securities Regulatory Commission, as a non-profit corporation registered with the State Administration for Industry and Commerce to guarantee the safety of futures margin.
Services[edit]
The CFMMC's main function is to provide: monitoring and early warning mechanisms for futures margins held in futures accounts in China. It also is designed to detect risks and report anomalies to Chinese regulators.[1]
The agency is also responsible for managing futures investors protection funds and assists in the case of a futures brokerage default. The CFMMC also is responsible for building and operation of the surveillance and supervision of the futures markets and for maintaining a unified account opening system in China.[2]
Key People[edit]
References[edit]
- ↑ China Futures Margin Monitoring Center sets up Shanghai HQ. China Securities Investor Protection Fund.
- ↑ China Futures Margin Monitoring Center Co., Ltd. www.chinaknowledge.com.