Introduction of transaction code
It is convenient for the exchange to master the trading and positions of customers, conduct effective risk management for members and customers, avoid the chaotic situation of multi-code warehouse manipulation, and be more conducive to ensuring the smooth operation of the market. When an ordinary investor opens an account, the futures agency submits the account opening information to the China Financial Exchange on behalf of the investor. However, when a specific customer such as a securities company or a securities investment fund opens a customer code, it shall submit a written application for opening an account to the Exchange, and the Exchange will open a customer code for it.