1. It complies with the provisions of the Company Law of People's Republic of China (PRC) and has standardized articles of association.

2. Having a fixed business place and qualified communication facilities.

3. The registered capital is more than 30 million yuan.

4. There are a certain number of qualified professionals and managers.

5. Have a sound business system and financial system.

A commission agent refers to an intermediary organization established in accordance with the law to conduct futures trading on behalf of customers and charge a certain renewal fee, which is generally called a "futures brokerage company". According to the relevant regulations of the State Council, China implements a licensing system for futures brokerage companies, and all institutions engaged in futures agency must undergo strict examination by the China Securities Regulatory Commission and obtain a futures brokerage business license.

The commission merchant is the link between the customer and the exchange, and the customer can only participate in futures trading through the commission merchant.