The Revamped Rules will produce results with the primary day of the following month.

Beijing, 2016 - BOFX today issued the redid Rules of Beijing Options and Futures Exchange (Revamped Rules) to strike a harmony between being facilitative of business and market advancement and, guaranteeing the adequacy for market control through the patch up, we have presented some progression and where fitting, embraced a more standards based administration in market direction. This patch up perceives that the items business has changed generously and product intermediaries (otherwise called Participating Organizations (POs) have advanced throughout the years. There are presently a wide range of sorts of elements with contrasting plans of action, sizes, exercises and hazard exposures, carrying on the matter of exchanging products. The POs have additionally developed significantly in their consistence culture.

Thus, we have fortified the administration structure of the POs, yet changed certain necessities forced on POs abandoning it to the POs to self-control. The patch up will convey more noteworthy simplicity to the POs in dealing with their consistence commitment.

Keeping in mind the end goal to lessen the administrative weight on the POs without trading off on financial specialist security, we have additionally improved and streamlined the tenets for the most part and in addition our procedures, application and reporting necessities. Through the redo work out, we likewise streamlined all mandates issued already for simplicity of consistence.

BOFX Chief Executive Officer, Shen G. Zhaobai said: "The key is in striking a harmony between market advancement and administrative destinations. The adaptability and advancements set up under the patch up would permit the POs to improve their productivity and lessen their cost of working together while not trading off on administrative goals."

[b]About Beijing Options and Futures Exchange (BOFX) [/b]

BOFX unites members from the physical business and the monetary group to make a powerful and directed market where there is dependably a purchaser and a merchant, where there is dependably a cost and where there is dependably the chance to exchange or go out on a limb – 24 hours a day. Financial specialists esteem the BOFX as a lively fates, choices and ware trade additionally for its nearby connections to industry. The Exchange gives makers and shoppers from all enterprises with a physical market of final resort and, in particular of all, with the capacity to fence against the danger of rising and falling world products costs.

[b]www.bofx.org[/b]