Good afternoon everyone, my name is Zhang Rutie. I am very happy today to have this opportunity to come to Hangzhou in the spring to talk with you about some ideas for OTC derivatives. Mr. Sun also said just now that futures OTC derivatives are different. It should be said that OTC derivatives are on the one hand an extension of the futures market, and on the other hand they are a business developed due to the needs of the market and the needs of customers.

Overseas, OTC derivatives are mainly the main business promoted by investment banks. In China, I see that in the past two years, our futures companies, securities companies, and banks have gradually been connected to the OTC commodities business. In market construction, it should be said that there is a lot that can be done for future development. Next, we will share with you some of our experiences, overseas investment banks, and business development ideas