1. The minimum registered capital is RMB 30 million;
2. Directors, supervisors and senior managers are qualified for the post, and employees are qualified for futures business;
3. Having articles of association that comply with laws and administrative regulations;
4. The major shareholders and actual controllers continue to make profits, have a good reputation, and have no record of major violations of laws and regulations in the last three years;
5. Having qualified business premises and business facilities;
6. Having a sound risk management and internal control system;
7. Other conditions stipulated by the State Council futures regulatory agency;
8. There shall be no less than 15 persons with futures qualification;
9. There shall be no less than 3 senior managers with qualifications.
Article 22 of the Provisional Regulations on the Administration of Futures Trading
The establishment of a futures brokerage company must be approved by the China Securities Regulatory Commission, obtain a futures brokerage business license issued by the China Securities Regulatory Commission, and register with the State Administration for Industry and Commerce.
Without the approval of the China Securities Regulatory Commission, no unit or individual may engage in futures brokerage business, and may not use "futures brokerage", "futures agent" or other similar words in its name.
Article 23
Qixian brokerage company can set up a sales department as a branch according to business needs. The establishment of a business department shall meet the requirements stipulated by the China Securities Regulatory Commission, obtain a business license issued by the China Securities Regulatory Commission with the approval of the China Securities Regulatory Commission, and register with the State Administration for Industry and Commerce.
The business department shall conduct business according to law within the scope authorized by the futures brokerage company, and its civil liability shall be borne by the futures brokerage company.