Zhengzhou Commodity Exchange (hereinafter referred to as Zhengshang Institute) is now openly soliciting cotton option market makers. The relevant matters are hereby notified as follows:

I. Application conditions

Zhengshang Institute's option market maker qualification is managed by variety. To apply for the qualification of cotton option market maker, the following conditions shall be met:

(a) net assets of not less than 50 million yuan;

(2) There are institutions and personnel specially responsible for market-making business, and the market-making personnel shall be familiar with the relevant laws and regulations on futures and options and the business rules of the exchange.

(3) It has a sound market-making business implementation plan, internal control system and risk management system.

(4) It has no record of major violations of laws and regulations in the last three years;

(5) It has a stable and reliable market-making business technology system.

(6) Having market-making experience in option trading or option simulation trading recognized by the Exchange;

(seven) other conditions stipulated by the China Securities Regulatory Commission and the Exchange.

Second, the application materials

(1) An application form for the qualification of a market maker signed and sealed by the legal representative and stamped with the official seal of the company (attachment1);

(two) a copy of the business license stamped with the official seal of the unit;

(3) The original audited financial report of 2017 or a copy stamped with the official seal of the accounting firm;

(4) the post setting and responsibilities of the market-making business department, the names and resumes of the person in charge and relevant personnel engaged in market-making business (see Annex 2 for a summary of post setting and personnel, and detailed resumes of key personnel in relevant positions are required);

(five) the implementation plan, internal control system and risk management system of the market-making business of the applied varieties;

(6) A letter of commitment with no record of major violations of laws and regulations in the last three years (Annex 3);

(seven) a description of the market-making business technology system;

(8) Description of the market-making situation of option trading or option simulation trading (applicants who have participated in the firm market-making of options on domestic exchanges are required to provide the market-making business of relevant varieties in recent years, the annual assessment results and their certificates; Other applicants are required to provide simulated trading activities, relevant assessment awards and their certificates that they have participated in within two years (Annex 4);

(9) Other materials required by the Exchange.

The above materials shall be submitted in electronic form and written form. When applying for the qualification of cotton option market maker, a white sugar option market maker shall submit the supplementary written materials required in Items (1), (3), (4), (5), (8) and (9) to the Exchange.

Third, the collection process

(1) Sign up for the technical test. Applicants who meet the above requirements for self-taught examination should contact Zhengshang Institute to access the simulated trading environment of cotton options before July 16 for business test and special test (see Annex 5 for test requirements).

(2) submit materials. Zheng Shang Institute will accept application materials from now on, and the deadline is 2065438+July 65438+June 08. Material submission requirements:

1. The electronic materials are packaged and sent to the designated mailbox, and the documents are unified as "Application Materials for Market Makers of Cotton Options of XX Company", in which items (1), (2), (3) and (6) provide scanned copies of electronic documents and their home pages (with official seals) for other materials;

2. The order of paper materials shall be subject to the above number, and each item shall be stamped with the official seal of the applicant. Items with multiple pages of materials can be stamped on the home page with a list of materials attached.

Both electronic materials and paper materials need to be confirmed by phone after submission.

(3) Pre-examination of materials. According to the materials received, Zheng Shang Institute will pre-examine the applicant's conditions. If the application materials are incomplete and do not meet the requirements, you cannot participate in the follow-up qualification review.

(4) Submit the test report. The applicant who has passed the preliminary examination shall submit the corresponding test report and the opinions of the futures company as required.

(5) On-site inspection. Applicants who have passed the pre-examination shall be inspected by Zhengshang Institute on their technical system, personnel situation and internal control system.

(6) Qualification. According to the assessment ranking and submission materials of the existing white sugar option market makers since June 20 18, some white sugar option market makers are identified by Zhengshang Institute as cotton option market makers. For white sugar option market makers and other applicants who fail to determine the qualification of cotton option market making according to the assessment ranking, Zhengshang Institute will make a comprehensive score according to the above process and determine it according to the ranking.

After the qualification of cotton option market maker is determined, it will be announced to the market.

Tel: 0371-65610312,0371-65612893.

QQ group of market makers: 422987949, 323444743.

Mailing address: Futures Building, No.30 Business Outer Ring Road, Zhengdong New District, Zhengzhou City

Postal code: 450018; Email: lvtong@czce-kom

I hereby inform you.

Attachment 1. Zheng Shang Institute Option Market Maker Qualification Application Form

2. Summary of post setting and personnel situation of option market maker

3. Commitment letter

4. A summary of the market-making situation in real trading or simulated trading.

5. Requirements for cotton option market maker applicants to participate in simulated trading activities

Zhengzhou Commodity Exchange

2065438+July 5, 2008