INE:Circular on Adjusting the Delivery Fee for Crude Oil, Low Sulfur Fuel Oil, TSR 20 and Bonded Copper Futures Contracts

The delivery fee for Crude Oil, Low Sulfur Fuel Oil, TSR 20 and Bonded Copper futures contracts will temporarily be adjusted to 0 from January 9, 2021 to January 10, 2022. The same adjustment applies to the business including EFPs and standard warrants transfers that are settled via Shanghai International Energy Exchange.

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INE:Approval of Dalian PetroChina International Warehousing & Transportation Co., Ltd. to Increase Active Storage Capacity for Crude Oil Futures

Shanghai International Energy Exchange has released its Notice on the Approval of Dalian PetroChina International Warehousing & Transportation Co., Ltd. to Increase Active Storage Capacity for Crude Oil Futures as follows: This is to acknowledge our receipt of the application of Dalian PetroChina International Warehousing & Transportation Co., Ltd. to increase the active storage capacity for crude oil futures. In accordance with the Delivery Rules of the Shanghai International Energy Exchange and other applicable rules, we hereby issue the following response based on inspection and review results: We approve the approved storage capacity of Dalian PetroChina International Warehousing & Transportation Co., Ltd. International Oil Storage located on No.31 New Port Nei Hai Nian Road, Dalian Bonded Area, Liaoning Province, to be increased from 1,200,000m3 to 1,800,000 m3, and the active an storage capacity to be increased from 1,200,000m3 to 1,800,000 m3. ...

China CSRC Solicits Comments on Draft Trading Server Colocation Rules

On April 21, 2023, the China Securities Regulatory Commission (“CSRC”) issued the Administrative Provisions on Trading Server Colocation for the Securities and Futures Markets (Consultation Paper) (the “Administrative Provisions”). The Administrative Provisions fill a legal gap with respect to securities and futures trading server colocation. It has been common market practice for securities or futures companies to lease cabinets in an exchange or its subsidiary’ data center and sublease it to customers to host their servers, although neither the CSRC nor exchanges have formulated specific regulatory rules on server colocation. The Administrative Provisions are the only administrative departmental rules that directly regulate colocation activities. The promulgation of the Administrative Provisions improves regulations regarding market infrastructures and is conducive to the safe and stable operation of the securities and futures markets. The high-level legal foundatio...

SHFE/INE Releases an Announcement on Requesting Public Comments on the Revised Market-Making Management Rules of Shanghai International Energy Exchange

Shanghai International Energy Exchange (INE) releases an Announcement on requesting public comments on the Revised Market-Making Management Rules of Shanghai International Energy Exchange , as shown below: According to the Futures and Derivatives Law of the People's Republic of China, Regulation on the Administration of Futures Trading, Measures for the Administration of Futures Exchanges, and other applicable rules and regulations, Shanghai International Energy Exchange (INE) proposes to revise its Market-Making Management Rules and is requesting public comments on these rules. Please send your opinions and advices to INE on revising the above rules in writing or through emails before March 27, 2024. Your feedback also indicates that you agree to use your contact information and materials for use by the INE and only for requesting comments described in this Announcement . INE Releases an Announcement on Requesting Public Comments on the Revised Market-Making Manageme...

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