In the Measures for the Administration of Members of China Financial Futures Exchange, CICC members are divided into trading members and settlement members. Clearing members are eligible to settle directly with CICC, while trading members are not eligible to settle directly with CICC. Settlement members are divided into trading settlement members, comprehensive settlement members and special settlement members according to their business scope. A trading settlement member can only handle the settlement and delivery business for its entrusted customers. A general settlement member may handle settlement and delivery services for its clients and trading members who have signed settlement agreements with it. Special settlement members can only handle settlement and delivery business for trading members who have signed settlement agreements with them. Trading members are not qualified for settlement, and need to settle through comprehensive settlement members or special settlement members.
In September 2007, the first batch of futures companies qualified for comprehensive settlement business were Guotai Junan Futures and nanhua futures. In June 2007, 1 1, and the second batch of futures companies approved by the CSRC were four, namely Zheng Lu Futures, COFCO Futures, yongan futures Futures and Yide Futures.