Shanghai International Energy Exchange has announced its Notice on the Participation of Qualified Foreign Institutional Investors and RMB Qualified Foreign Institutional Investors in Commodity Futures and Options Trading as follows:

To all concerning parties:
To facilitate the participation of Qualified Foreign Institutional Investors and RMB Qualified Foreign Institutional Investors (collectively referred to as “Qualified Foreign Investors”, or QFIs) in the trading of commodity futures and options contracts of Shanghai International Energy Exchange (INE), INE is hereby notifying the following matters:
1. Banks with the qualification to conduct futures margin depository business for domestic clients of INE can directly engage in the futures margin depository business of QFIs (please see attachment for the list of designated depository banks);
2. Futures Firm Members entrusted by QFIs to trade INE’s commodity futures and options shall open accounts for QFIs in accordance with the Management Rules on the Account Opening of Futures Market Clients, and the Business Guidelines on the Account Opening of Special Corporate Clients issued by the China Futures Market Monitoring Center (CFMMC), and manage the trading access of their clients in strict compliance with the Circular on the Participation of Qualified Foreign Institutional Investors and RMB Qualified Foreign Institutional Investors in Commodity Futures and Options Trading and other relevant requirements.
For QFIs trading products with investor eligibility requirements, Futures Firm Members shall strictly comply with the relevant requirements in the Futures Trading Participant Eligibility Management Rules of the Shanghai International Energy Exchange, and the Guidelines on Futures Trading Participant Eligibility Management of Shanghai International Energy Exchange, and properly manage the eligibility of QFIs.
3. Futures Firm Members shall properly interpret rules on trading access management and other relevant rules, fully remind QFIs of matters and risks related to the trading, clearing, delivery and other businesses, and guide QFIs to engage in trading commodity futures and options in an orderly manner.
4. All concerning parties are suggested to make full preparations for QFIs’ participation in commodity futures and options trading, strengthen risk prevention and control, and ensure the stable operation of the market.

Attachment:
1. Designated Depository Banks of Shanghai International Energy Exchange

Shanghai International Energy Exchange
September 2, 2022