Shanghai International Energy Exchange (hereinafter referred to as “INE”), has released its Circular on Trading Access of Clients to Low Sulfur Fuel Oil Futures Contracts as follows:

All parties concerned:
      According to the overall arrangement of listing Low Sulfur Fuel Oil futures, from now on, eligible clients may apply to the Futures Firm Members (hereinafter referred to as FF Members), Overseas Special Brokerage Participants (hereinafter referred to as OSBPs), and Overseas Intermediaries for opening trading codes or trading access to Low Sulfur Fuel Oil futures.
      Clients who open trading access to Low Sulfur Fuel Oil futures shall comply with the eligibility requirements stipulated in the Futures Trading Participant Eligibility Management Rules of the Shanghai International Energy Exchange. A client shall have an available balance of no less than RMB one hundred thousand (￥100,000.00) or the equivalent amount in foreign currency in each of its margin accounts for five (5) consecutive trading days before applying for the trading code or for the trading access.
      FF Members, OSBPs and Overseas Intermediaries shall obey the Futures Trading Participant Eligibility Management Rules of the Shanghai International Energy Exchange and the Operational Guidelines for the Futures Trader Eligibility Rules of the Shanghai International Energy Exchange.
      It is hereby notified as the above.

Shanghai Futures Exchange
May 29, 2020