London International Financial Futures Exchange is a registered exchange established according to 1986 Financial Services Law, and its organizational form is membership. By the end of 1987, * * had 26 1 members. Members include banks, stock and commodity brokers, dealers, discount companies, Eurobonds and individual members.

The board of directors is the highest management body, and the directors are elected by members. A newly applied member must obtain the approval of the board of directors to become a full member. There are 373 seats in the trading hall, and only members of the trading hall have the right to have seats in the trading hall. According to the rules of the London International Financial Futures Exchange, all transactions must be bought and sold in the market. There are two kinds of members of the exchange, one is the floor dealer who buys and sells for himself or the company, and the other is the floor broker who specializes in buying and selling for off-site brokers.

The clearing profession of buying and selling is mastered by the international commodity clearing house. The clearing house adopts the membership system. Usually, members of the clearing house are also members of the exchange, but members of the exchange are not necessarily clearing members. In the latter case, the member of the settlement institution shall be entrusted to handle the settlement occupation.

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