The China Futures Market Monitoring Center (CFMMC), sometimes also referred to as the China Futures Margin Monitoring Center, is a
financial market infrastructure
Financial market infrastructure refers to systems and entities involved in Clearing (finance), clearing, Settlement (finance), settlement, and the recording of payments, Security (finance), securities, Derivative (finance), derivatives, and other ...
in
China
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...
.
Overview
The CFMMC was established on . It is one of 19 organizations affiliated with the
China Securities Regulatory Commission
The China Securities Regulatory Commission (CSRC) is a government agency directly under the State Council of the People's Republic of China. It is the main regulator of the securities industry in China.
History
Indicative of the role of the C ...
(CSRC) that support its work,
formally a non-profit organization established by the
State Council.
The CFMMC operates one of two
trade repositories for
commodities
In economics, a commodity is an economic good, usually a resource, that specifically has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.
Th ...
and
equity derivative In finance, an equity derivative is a class of Derivative (finance), derivatives whose value is at least partly ''derived'' from one or more underlying stock, equity securities. Option (finance), Options and Future (finance), futures are by far the ...
s in
China
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...
, together with the
China Securities Internet System (CSIS).
See also
*
China futures market Futures markets in mainland China, initially deployed in 1990, have quickly established rapid growth as a result of transition to a market economy.
History
In October 1990, China Zhengzhou Grain Wholesale Market was established in Zhengzhou, Henan ...
References
Financial regulatory authorities of China
Organizations based in Beijing
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