Company Overview of China Foreign Exchange Trade System & National Interbank Funding Center.
Company Overview.
China Foreign Exchange Trade System & National Interbank Funding Center is based in Shanghai, China.
15 Zhongshan Road(E.1)
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China Foreign Exchange Trade System & National Interbank Funding Center does not have any Key Executives recorded.
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Chinese foreign exchange trade system

Offshore Participants Types.
I. Offshore RMB Clearing Banks.
Offshore RMB clearing banks designated by PBC are allowed to provide RMB purchases and sales services to offshore RMB participating banks for the purpose of goods trade, service trade and direct investment. The RMB position incurred can be squared in the China interbank FX market under Chinese laws and regulations.
II. Foreign Central Banks and Similar Institutions.
Based on the Notice of the PBC on Access of Foreign Central Banks and Similar Institutions to the Interbank Foreign Exchange Market (PBC Announcement [2015] No.31), foreign central banks (monetary authorities), international financial institutions, and sovereign wealth funds may enter the China interbank FX market under Chinese laws and regulations.
III. Offshore Participating Banks.
According to the Announcement No.40 [2015] of PBC and State Administration of Foreign Exchange, offshore participating banks of RMB purchases and sales business with international reputation, regional representativeness and large-scale RMB purchases and sales business may enter the China interbank FX market under Chinese laws and regulations.
Only foreign central banks and similar institutions shall send to CFETS the original copy of the Chinese Inter-Bank FX Market Registration Form for Foreign Central Banks and Similar Institutions.
Offshore RMB clearing Banks, offshore participating Banks, and foreign central banks and similar institutions shall apply to CFETS for members of China interbank FX market.
For foreign central banks and similar institutions, even if they entrust PBC or interbank FX market member(s) as agents, they also shall apply for members of China interbank FX market as well.
After the institutions complete the related preparation (signing the membership agreement, network connection and dealer training, etc.), CFETS will send a formal notice that officially approves the membership. A public announcement will also be released on the official website of CFETS.
1. Set up credit relationship. The institutions shall establish bilateral credit relationship with their China interbank FX market counterparties.
2. Sign derivatives agreement. If the institutions trade RMB-FX derivatives (forward, swap, CCS, and option), they shall sign NAFMII or ISDA derivatives master agreement with their counterparties.
3. Connect to trading system. When directly participating in the interbank FX market, the Institutions shall connect to CFETS trading system through either a leased line or MPLS VPN.
Contact Information of FX Market Department: 4009787878-1-2.
Materials mailing address: FX Market Department, 15 Zhongshan Road(E.1), Shanghai.
Zip Code: 200002.
For Offshore Participating Banks.
(1) Basic information of the institution;
(2) A summary of the institution’s RMB purchases and sales business, including business scale and scope, product type, client information etc.
(3) Promise to strictly abide by related rules of RMB purchases and sales business, including:
(a) Business scope;
(c) Corporate clients conducting RMB purchases and sales business with Overseas Participating Banks shall complete related payments in the same bank;
(d) Pay close attention to abnormal transactions;
(e) Monitor the capital flow of block trades and report related information to PBC through CFETS system in a timely manner.
(4) Guarantee the authenticity of RMB purchases and sales business and report related information through CFETS system in accordance with related requirements.
2. Copies of the institution’s registration documents and corresponding Chinese version.
3. Internal operation procedure for trading in China Interbank FX Market.
4. The policies of risk management and RMB purchases and sales business information reporting related to trading in China Interbank FX Market.
5. CFETS RMB/FX Membership Application Form.
6. CFETS Network Connection Application Form.
7. CFETS FX Trading System Digital Certificate Application Form.
8. Copies of the Certificate of FX Trader issued by CFETS (each institution shall have at least two certified FX traders)
9. Name, resume and contact information of related managing staff and principal trading staff.
10. Other documents required by CFETS.
All aforementioned application documents and completed forms shall be stamped with official seal or signed by authorized signatory (attached with signature authorization).
Money Market.
Bond Market.
Derivative Market.
Foreign Central Banks.
Other Foreign Institutions.
If you apply for ATS.
Market Rules.
Member List.
CFETS.
Business Guidance.
and Similar Institutions.
1. Entrust PBC as agent;
2. Directly participate in China Interbank FX Market as foreign members;
3. Entrust interbank FX market member(s) as agent(s).

Chinese foreign exchange trade system

CHICAGO, June 8 /PRNewswire/ -- Leaders of Chicago Mercantile Exchange Inc. (CME), the largest U. S. futures exchange and the world's largest regulated exchange marketplace for foreign exchange (FX) trading, and the China Foreign Exchange Trading System & National Interbank Funding Center (CFETS) announced today that they have signed a Memorandum of Understanding (MOU). Under the MOU, CME and the CFETS have agreed to create a forum for a continuous flow of information between the parties and for CME to provide advice, counsel, and expertise in the development of foreign exchange (FX) derivatives instruments for China.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Chicago Mercantile Exchange's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.
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Chinese foreign exchange trade system

China Foreign Exchange Trade System & National Interbank Funding Center (CFETS) is a sub-institutional organization of People's Bank of China (PBOC). As a specific organizer and operator in China inter-bank foreign exchange market, money market, bond market and exchange rate and interest rate derivatives market, CFETS is committed to the infrastructure construction in interbank market, trading product and mechanism innovation; providing services including trading, information and market surveillance; playing significant role in supporting the reform of RMB exchange rate and interest rate, transmitting central bank monetary policies, serving financial institutions and market surveillance with head office located in Shanghai, backup center in Beijing, and branches in 18 cities throughout China.
NEX Group PLC.
Copyright © 2013 Shanghai CFETS-NEX Int'l Money Broking Co., Ltd.