EC contracts are priced and settled in RMB. Overseas 

traders and overseas brokers may post margin in RMB 

or directly in USD, but USD-denominated margin can be 

used for clearing purposes only after it is exchanged into 

RMB.

For overseas traders and overseas brokers, the purchase 

and sale of RMB must be based on the actual results of 

their trades in EC contracts, and may only be performed 

for payments in connection with such trades, such as for 

settling profits and losses, paying transaction fees, making 

or receiving delivery payment, and depositing additional 

cash funds for clearing purposes.

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