INE adopts “one trader, one ID” principle, and issues trading 

ID code to each futures trader. Long/short positions under 

the corresponding trading codes of each entity are managed 

according to the position limits stipulated by regulations. Long/

short positions are calculated separately rather than net position. 

If multiple account holder do not actually have the ownership and 

controlling relationship, total positions are managed separately. 

For accounts that have ownership and controlling relationship 

between each other, the account holders shall declare to INE; if 

those accounts belong to general clients, the account holders 

shall declare to China Futures Market Monitoring Center (CFMMC). 

According to relevant regulation, INE then obtains the actual 

controlling relationship information of the general clients through 

CFMMC. Position holding of accounts that have ownership and 

controlling relationship will be combined in the Exchange’s risk 

management of large trader reporting or position limit.

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