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CIIS acts as Sales Agent of Dalian Commodity Exchange Market Data

2011-06-27

CIIS signed an agreement with Dalian Futures Information Technology Co., Ltd., a wholly owned subsidiary of Dalian Commodity Exchange (DCE), as sales agent in oversea market (including Hong Kong, Macau and Taiwan) for DCE market data.

According to the agreement, oversea information vendors can apply for the license of DCE data through CIIS directly from 1st July 2011, including level 1 and level 2 market data. CIIS take full responsibilities on the service application, contract management, marketing development, daily customer support and audit issue. The current customers of CIIS are required to sign an addendum to the current standard agreement to apply for DCE market data. In addition, the agreement will be subject to review at the end of 2013.

In addition to operate the business of Shanghai Stock Exchange market data international sole agent, CIIS was authorized by China Securities Index Co., Ltd. (CSI) as its international sales agent and jointly offered the China Indices product to information vendors in 2009. DCE is the third financial organization in China to appoint CIIS as the market data sales agent in oversea market. It will encourage CIIS to take a step forward to act as market data agent for other financial organizations in China.

"The signed agreement will raise the service standard of SSE and DCE, provide the enriched information of China market and offer a one-stop service for information vendors, which will simplify the application process and reduce the daily administration works. The cooperation will offer better service for information vendors," said Zhang Bin, Executive Director of CIIS.

"The signed agreement with CIIS will bring more opportunities for DCE in oversea market. Furthermore, the cooperation between CIIS and oversea information vendors will rapidly promote DCE market data, on which it will encourage information vendors' interests and increase transparency for DCE," said Mr. Lu Zhihong, in charge of Information Business in Dalian Futures Technology Co., Ltd.

 

About Dalian Futures Information Technology Co., Ltd.


Dalian Commodity Exchange (DCE), founded on February 28th, 1993, is one of the four futures exchanges in China and the only futures exchange in Northeast China. Approved by the China Securities Regulatory Commission (CSRC), DCE offers a wide range of futures products including corn, No. 1 soybeans (non-gmo), No. 2 soybeans (gmo), soybean meal, soybean oil, RBD palm olefin, linear low density polyethylene (LLDPE), polyvinyl chloride (PVC) and coke.

In 2010, DCE trading volume increased to over 806 million contracts traded valued at 41.70 trillion RMB compared with 241 million contacts valued at 5.22 trillion RMB in 2006. In 2010, DCE ranked 13th among global exchange's future options trading volume.

Dalian Futures Information Technology Co., Ltd. (DFIT) is a wholly owned subsidiary of DCE, through nearly ten years' technology accumulation, human resources integration, branding and channel development, DFIT has grown into a comprehensive integrated financial information service platform, not only providing services for DCE but also for the domestic securities and futures contract research, software development, internet technology, electronic commerce, market data services, custody business and diversified acceptance testing services.

The DCE level-2 developed by DFIT by successful experience from foreign futures market information products and cooperation with many information service providers, aims at providing value-added futures information services for market investors. Compared with the traditional market data, deep market data has a much faster release rate, rich content and stronger data security.