No. For domestic traders, including a non-FF Member, they can
only use RMB in trading the crude futures.
According to the SAFE’s Circular Huifa [2015] No. 35, overseas
traders, overseas brokers, or FF Members and other institutions
that can execute and clear trades for its overseas clients who trade
on behalf of themselves or conduct brokerage business (execute
trades for its customers) are allowed to set up foreign currency
account for speciflc purpose.
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