Hello, CICC is an institution that provides trading and settlement services for various market participants. As a central counterparty, it guarantees the performance of stock index futures according to the rules of CICC, and it does not participate in the trading of stock index futures. CICC mainly has the following functions:

(1) Providing trading places, facilities and services;

(2) Designing the contract and arranging the listing of the contract;

(3) Organizing and supervising transactions, settlement and delivery;

(four) to ensure the performance of the contract;

(five) to supervise and manage the members in accordance with the articles of association and trading rules;

(six) to formulate and implement the trading rules of the exchange and its detailed rules for implementation;

(seven) release market information;

(eight) to supervise the futures business of members and their customers, designated delivery warehouses, futures margin depository banks and other participants in the futures market;

(nine) to investigate and deal with illegal acts;

(ten) other duties as stipulated by the China Securities Regulatory Commission.