(Approved by the 5th Council of Zhengzhou Commodity Exchange on June 1, 2007)
general provisions
Article 1 In order to ensure that Zhengzhou Commodity Exchange (hereinafter referred to as the Exchange) Rapeseed oil The Rules are formulated in accordance with the Trading Rules of Zhengzhou Commodity Exchange for the normal conduct of futures delivery business and the regulation of physical delivery.
Article 2 Physical delivery refers to the process that when a futures contract expires, according to the rules and procedures of the Exchange, both parties of the transaction settle the outstanding position contract by transferring the ownership of the commodity contained in the futures contract. Physical delivery includes standard warehouse receipt delivery and futures to cash delivery.
Article 3 The physical delivery of clients shall be entrusted to members and carried out in the name of members at the Exchange, and the delivery results shall be borne by clients.
Customers who cannot deliver or receive special VAT invoices are not allowed to deliver.
Article 4 The rapeseed oil futures shall be subject to rolling delivery, and the three-day delivery method shall be adopted.
Article 5 The rapeseed oil delivery business of the Exchange shall be conducted in accordance with these Rules, and the Exchange, members, customers, the quality inspection institution designated by the Exchange (hereinafter referred to as the quality inspection institution), and the rapeseed oil delivery warehouse designated by the Exchange (hereinafter referred to as the delivery warehouse) shall abide by these Rules. [ full text ]
Measures of Zhengzhou Commodity Exchange for the Administration of Canola Oil Standard Warehouse Receipts
(Approved by the 5th Council of Zhengzhou Commodity Exchange on June 1, 2007)
general provisions
Article 1 These Measures are formulated in accordance with the Trading Rules of Zhengzhou Commodity Exchange (hereinafter referred to as the Exchange) in order to ensure the normal delivery of rapeseed oil futures business and standardize the management of rapeseed oil standard warehouse receipts (hereinafter referred to as standard warehouse receipts).
Article 2 The registration, circulation and cancellation of standard warehouse receipts shall be carried out in accordance with these Measures.
Article 3 The Exchange, its members, customers, the designated delivery warehouse of rapeseed oil (hereinafter referred to as the delivery warehouse) and the quality inspection institution designated by the Exchange (hereinafter referred to as the quality inspection institution) shall abide by these Measures in handling all businesses related to standard warehouse receipts. [ full text ]
Administrative Measures of Zhengzhou Commodity Exchange for Delivery Warehouse
(Approved by the 5th Council of Zhengzhou Commodity Exchange on June 1, 2007)
general provisions
Article 1 In order to strengthen the management of the delivery warehouse of Zhengzhou Commodity Exchange (hereinafter referred to as the Exchange), standardize the delivery of rapeseed oil, and ensure the normal delivery of rapeseed oil, these Measures are formulated in accordance with the relevant provisions of the Contract Law of the People's Republic of China and the Trading Rules of Zhengzhou Commodity Exchange.
Article 2 The designated delivery warehouse of rapeseed oil (hereinafter referred to as the delivery warehouse) refers to the business organization designated by the Exchange to provide warehousing and other services for the performance of physical delivery of rapeseed oil futures contracts.
Article 3 The Exchange shall manage the delivery warehouse in accordance with these Measures, and the delivery warehouse and its relevant staff must abide by these Measures. [ full text ]
Measures for Risk Control and Management of Rapeseed Oil in Zhengzhou Commodity Exchange
(Approved by the 5th Council of Zhengzhou Commodity Exchange on June 1, 2007)
general provisions
Article 1 These Measures are formulated in accordance with the Trading Rules of Zhengzhou Commodity Exchange in order to strengthen the risk management of rapeseed oil futures trading, safeguard the legitimate rights and interests of trading parties, and ensure the normal conduct of futures trading of Zhengzhou Commodity Exchange (hereinafter referred to as the Exchange).
Article 2 The risk management of rapeseed oil of the Exchange shall implement the margin system, the price limit system, the position limit system, the large account reporting system, the compulsory position closing system and the risk warning system.
Article 3 The Exchange, members and clients must abide by these Measures. [ full text ]
