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China's futures exchange implements the examination and approval system for (), and its positions are not restricted.
Answer: c

In the specific implementation, China also has the following provisions: (1) Control market risk by combining restricting members' positions with restricting customers' positions; Each exchange implements the approval system of hedging trading positions, and the positions are unrestricted, which is overwhelming before the exam, while in China Financial Futures Exchange, hedging and arbitrage trading positions are unrestricted.