The Administration for Industry and Commerce only approves the establishment, change and cancellation of companies. Futures trading is an individual behavior, not within the scope of the administration of industry and commerce, so it does not need the approval of the administration of industry and commerce.
Customers who participate in domestic specific futures trading can participate in domestic specific futures trading as long as they open an account with a futures company, sign a risk disclosure statement, abide by the basic futures market systems such as margin system, position limit system and forced liquidation system, and strictly perform futures contracts.