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Dalian Commodity Exchange Commends 2019 Annual Outstanding Members

Date 19/03/2020

Dalian Commodity Exchange (DCE) issues the “Decision on Commending 2019 Annual Outstanding Members of Dalian Commodity Exchange” on March 13. According to the notice, DCE has set up 3 integral awards and 8 single awards, commending 65 member entities to highly affirm the contributions to the development of the futures market by all member entities, especially the 2019 Annual Outstanding Members, encouraging them to improve the market service level in the new year and make new contributions to facilitating the steady development of the futures market and giving full play to the role of serving the real economy.

In this selection, CITIC Futures Co., Ltd. and other 19 member entities win the Outstanding Member Gold Award; Xinhu Futures Co., Ltd. and other 29 member entities win the Outstanding Member Award; Guoyuan Futures Co., Ltd. and other 9 member entities win the Most Promising Member Award; Galaxy Futures Co., Ltd. and other 14 member entities win the Outstanding Industry Service Award; Yong’an Futures Co., Ltd. and other 14 member entities win the Outstanding Institution Service Award; Shanghai Orient Futures Co., Ltd. and other 14 member entities win the Outstanding Agricultural Products Service Award; Shanghai Orient Futures Co., Ltd. and other 14 member entities win the Outstanding Chemical Products Service Award; Haitong Futures Co., Ltd. and other 14 member entities win the Outstanding Ferrous Products Service Award; Huishang Futures Co., Ltd. and other 14 member entities win the Outstanding Options Market Service Award; JP Morgan Futures Co., Ltd. and other 14 member entities win the Outstanding International Market Service Award; Yong’an Futures Co., Ltd. and other 17 member entities win the Outstanding Technical Support Award.

It is learnt that in the current selection of Outstanding Members, DCE has fully considered the number of industries and institutions that member entities serve, their capacity of serving the industries and institutions and their integral business level like compliance management apart from the traditional consideration on their market performance reflected by the open interests and trading scale, with a view to guiding all member entities to improve their capacity of serving the real economy while making further development. And by setting up the single awards, it attempts to encourage the differentiated and featured development of each member entity, thus constructing a diversified market development pattern.

A DCE official says that 2020 is the last year of winning the decisive battle of poverty alleviation and building a moderately prosperous society in an all-round way and of the 13th Five-Year Plan, and also the year of realizing the phased target of building a first-class derivatives exchange in the world. DCE will, together with all the member entities, build a high-quality and well-functioning derivatives market with complete derivatives instruments, abundant product varieties as well as safe and efficient operation, and contribute to building a moderately well-off society in an all-round way and serving the high-quality development of the real economy.