To allow member units and relevant institutions to have a deeper understanding of relevant business rules on the internationalization of iron ore futures of Dalian Commodity Exchange (DCE), DCE has organized 5 meetings on promoting the internationalization of iron ore futures in Shanghai, Hangzhou, Nanjing and other cities to make overall introduction and exchange on relevant rules and business process of the internationalization of iron ore futures. Nearly 1,000 representatives of member units and relevant institutions from Jiangsu, Zhejiang, Shanghai and surrounding areas participated.
At the meeting, experts of relevant departments of DCE introduced the Management Measures on Trader Suitability of Specified Products and accounting opening, the record of overseas brokerage business, and settlement, delivery and risk control, and made in-depth exchange on the account-opening channel, the suitability requirements, the margin swap, the bonded delivery invoice and other details concerned by the representatives.