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Shanghai International Energy Exchange: Notice On Designated Depository Banks For Margin Depository Business Of INE’s Domestic Clients

Date 05/06/2017

On May 28, 2017, Shanghai International Energy Exchange (“INE”), a subsidary of Shanghai Futures Exchange, has approved 12 banks as the designated depository banks for margin depository busienss of its domestic clients, including the Industrial and Commercial Bank of China (ICBC), Bank of Communications (BoCom), China Construction Bank (CCB), Bank of China (BOC), Agricultrual Bank of China (ABC), Shanghai Pudong Development Bank (SPDB),  Industrial Bank (IB), China Everbright Bank (CEB), China Merchants Bank (CMB), China Citic Bank, China Minsheng Bank (CMBC) and PingAn Bank.

According to the Designated Depository Banks Management Rules of Shanghai International Energy Exchange, INE’s futures margin depository business is classified into margin depository businesses for its Domestic Clients and that for its Overseas Clients. Margin depository business for Domestic Clients refers to the margin depository business related to Members and their Domestic Clients  

Attachment:Information about Designated Branches of Designated Depository Banks