Although futures intermediaries need to abide by industry norms and laws and regulations, they do not have to submit innocence certificates every year.
According to the information of China Travel Service. The term of the futures intermediation contract is half a year and can be renewed.
If the futures broker does not violate the rules during the contract period, the futures broker's contract can be renewed immediately after it expires.
A futures broker refers to an individual or legal person who is entrusted by a futures company or a customer to provide them with an intermediary service for concluding a contract or a futures brokerage contract. The futures company shall pay remuneration to the broker in accordance with the agreement.
Futures broker, in legal understanding, refers to an individual or legal person who introduces investors or futures companies to sign contracts or provides signing opportunities. Its main function is to act as an intermediary when investors sign brokerage contracts with futures companies.