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China Futures Association
The China Futures Association (CFA) is a membership organization under the China Securities Regulatory Commission (CSRC), which regulates and supervises the futures industry in China. It is established as a nonprofit organization in which all Chinese futures companies are required to be members, and self-describes as a self-regulatory organization. The CFA is one of three major membership organizations under the CSRC, together with the Securities Association of China (SAC) and Asset Management Association of China (ACAM). Overview The CFA was established on in Beijing Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ..., in accordance with China's Regulations on the Registration and Management of Social Organizations. It is governed by the General Meeting of its members and by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 CSRC, China's highest court, the Supreme People's Court–at least as of 2004–has declined to handle securities-related litigation directly, instead deferring such judgments to the CSRC. In November 2022, it stated its role to build "a capital market with Chinese characteristics". In 2023, the CSRC was upgraded to a government agency directly under the State Council as part of the plan on reforming Party and state institutions. Additionally, it was granted responsibility auditing corporate bond issuances from the National Development and Reform Commission. In late 2023 and early 2024, the CSRC instructed some institutional investors not to sell stocks in order to stabilize share prices. Functions China's first Securities Law was pas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shanghai Futures Exchange
The Shanghai Futures Exchange (SHFE; ) is a futures exchange in Shanghai, China formed from the amalgamation of the national level futures exchanges of China, the Shanghai Metal Exchange, Shanghai Foodstuffs Commodity Exchange, and the Shanghai Commodity Exchange in December 1999. It is a non-profit-seeking incorporated body under the China Securities Regulatory Commission (CSRC). The trading floor is located in Lujiazui, in the Pudong district of Shanghai. It currently trades futures contracts in copper, aluminium, zinc, tin, nickel, lead, natural rubber, fuel oil, silver, and gold. The SHFE is a member of the China Futures Association. Shanghai Metal Exchange The Shanghai Metal Exchange (SHME), was established on 28 May 1992. SHME is a non-profit, self-regulating corporation. The exchange was created for trading in non-ferrous metals and currently contracts for several non-ferrous metals including copper, aluminum, lead, zinc, tin, and nickel. SHME is located in the city o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Professional Associations Based In China
A professional is a member of a profession or any person who works in a specified professional activity. The term also describes the standards of education and training that prepare members of the profession with the particular knowledge and skills necessary to perform their specific role within that profession. In addition, most professionals are subject to strict codes of conduct, enshrining rigorous ethical and moral obligations. Professional standards of practice and ethics for a particular field are typically agreed upon and maintained through widely recognized professional associations, such as the IEEE. Some definitions of "professional" limit this term to those professions that serve some important aspect of public interest and the general good of society.Sullivan, William M. (2nd ed. 2005). ''Work and Integrity: The Crisis and Promise of Professionalism in America''. Jossey Bass.Gardner, Howard and Shulman, Lee S., The Professions in America Today: Crucial but Fragile. Da ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 Province. This is the first time that futures trading was introduced in China. Soon China's futures market started to boom. After more than 20 years development, China's commodities futures market has become one of the world's largest. Up to the end of 2011, there are 29 exchange traded futures products in China, more than 10 commodities such as corn, wheat, copper, steel, etc. and the total trading volume exceeded 300 trillion. Futures exchanges in China There are four futures exchanges in China. Zhengzhou Commodity Exchange (ZCE, established in 1993), Dalian Commodity Exchange (DCE, established in February, 1993), Shanghai Futures Exchange (SHFE, established in 1999), and China Financial Futures Exchange (CFFEX, established in Shangha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Association Of Financial Market Institutional Investors
The National Association of Financial Market Institutional Investors (NAFMII) is a nonprofit self-regulatory organization (SRO) in China with roles as a trade association, financial supervisor and financial market infrastructure. Based in Beijing, it was authorized on by the Ministry of Civil Affairs, and thus counts as China's first-ever SRO. It is subject to oversight by the People's Bank of China (PBC). Overview NAFMII's members include banks, insurers, securities firms, asset managers, credit rating agencies, accounting firms, as well as some non-financial corporations or their financial services arms. Its inaugural meeting was held on in the Great Hall of the People, in the presence of PBC Governor Zhou Xiaochuan together with representatives of the China Banking Regulatory Commission (CBRC), China Insurance Regulatory Commission (CIRC), and China Securities Regulatory Commission (CSRC). Its six founding members were Bank of China, Industrial and Commercial Bank of Chin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Futures Market Monitoring Center
The China Futures Market Monitoring Center (CFMMC), sometimes also referred to as the China Futures Margin Monitoring Center, is a financial market infrastructure in China. Overview The CFMMC was established on . It is one of 19 organizations affiliated with the China Securities Regulatory Commission (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 and equity derivatives in China, 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 {{China-org-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Financial Futures Exchange
The China Financial Futures Exchange (CFFEX) is a futures exchange established in Shanghai on September 8, 2006—with the approval of the State Council and the authorization of China Securities Regulatory Commission (CSRC). It is a joint venture of the Zhengzhou Commodity Exchange, Shenzhen Stock Exchange and the Shanghai Futures Exchange. Following the principle of higher starting point and higher standard, CFFEX constructed an electronic market which follows the trend of global development. Also CFFEX has a unique multi-tiered members' clearing system, strict risk management Risk management is the identification, evaluation, and prioritization of risks, followed by the minimization, monitoring, and control of the impact or probability of those risks occurring. Risks can come from various sources (i.e, Threat (sec ... policy and an organization structure like a corporation to improve its competitive strength and development potential. In early 2008, it launched the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zhengzhou Commodity Exchange
Zhengzhou Commodity Exchange (ZCE; ), established in 1990, is a futures exchange in Zhengzhou, one of the four futures exchanges in China. The ZCE is under the vertical management of China Securities Regulatory Commission (CSRC). The ZCE is a member of the China Futures Association. Products ZCE specializes in agricultural and chemical product futures, including hard white wheat, strong gluten wheat, sugar, cotton, rapeseed oil and PTA, a petroleum-based chemical product. History Zhengzhou Commodity Exchange was the first experimental futures market approved by the State Council, established on October 12, 1990. The ZCE, which started with forward contract trading, launched its first futures contracts on five agricultural products - wheat, maize, soybean, green bean and sesame on May 28, 1993. In 1988, the Research Group of the Zhengzhou Grain and Oil Futures Market in China was established. In 1990, the State Council permitted the China Zhengzhou Grain Wholesale Market (CZ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dalian Commodity Exchange
The Dalian Commodity Exchange (DCE) () is a Chinese futures exchange based in Dalian, Liaoning province, China. It is a non-profit, self-regulating and membership legal entity under the China Securities Regulatory Commission (CSRC), established on February 28, 1993. Dalian Commodity Exchange trades in futures contracts underlined by a variety of agricultural and industrial produce on a national scale. As of 2015, DCE has listed a total of 16 futures products, including corn, corn starch, soybean (gmo and non-gmo), soybean meal, soybean oil, RBD palm olein, egg, fiberboard, blockboard, linear low-density polyethylene (LLDPE), polyvinyl chloride (PVC), polypropylene (PP), coke, coking coal and iron ore. Normal trading hours are Monday-Friday from 9am to 11:30am and 1:30pm to 3pm Beijing Time. The DCE is a member of the China Futures Association. Structure and function The exchange has the deepest liquidity pool among all Chinese Commodity Futures Exchanges. According to the Futur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Futures Contract
In finance, a futures contract (sometimes called futures) is a standardized legal contract to buy or sell something at a predetermined price for delivery at a specified time in the future, between parties not yet known to each other. The item transacted is usually a commodity or financial instrument. The predetermined price of the contract is known as the ''forward price'' or ''delivery price''. The specified time in the future when delivery and payment occur is known as the ''delivery date''. Because it derives its value from the value of the underlying asset, a futures contract is a Derivative (finance), derivative. Contracts are traded at futures exchanges, which act as a marketplace between buyers and sellers. The buyer of a contract is said to be the Long (finance), long position holder and the selling party is said to be the Short (finance), short position holder. As both parties risk their counter-party reneging if the price goes against them, the contract may involve both ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beijing
Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as China's List of cities in China by population, second largest city by urban area after Shanghai. It is located in North China, Northern China, and is governed as a Direct-administered municipalities of China, municipality under the direct administration of the Government of the People's Republic of China, State Council with List of administrative divisions of Beijing, 16 urban, suburban, and rural districts.Figures based on 2006 statistics published in 2007 National Statistical Yearbook of China and available online at archive. Retrieved 21 April 2009. Beijing is mostly surrounded by Hebei Province and neighbors Tianjin to the southeast; together, the three divisions form the Jing-Jin-Ji, Jing-Jin-Ji cluster. Beijing is a global city and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asset Management Association Of China
In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetaryThere are different methods of assessing the monetary value of the assets recorded on the Balance Sheet. In some cases, the ''Historical Cost'' is used; such that the value of the asset when it was bought in the past is used as the monetary value. In other instances, the present fair market value of the asset is used to determine the value shown on the balance sheet. value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. ''Total assets'' can also be called the ''balance sheet total''. Assets can be grouped into two major classes: tangible assets and inta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
