The Company

Shanghai CFETS-NEX International Money Broking Co., Ltd. is a leading broker in China, founded in Shanghai in 2007 with the approval of China Banking and Insurance Regulatory Commission (originally known as China Banking Regulatory Commission). It provides professional broking and information services in on-shore and off-shore interbank foreign exchange market, money market, bond market and derivatives market.

CFETS-NEX substantially plays a professional and efficient intermediate role in perfecting the structure of the interbank market, improving the liquidity and transparency, helping market participants increase the trading efficiency and save the cost of transaction, realizing the best association of transaction and the return of investigation.

Business Scope

According to Pilot Management Measures of Money Broking Company, the scope of business includes:

  • on-shore and off-shore interbank foreign exchange market
  • on-shore and off-shore interbank money market
  • on-shore and off-shore interbank bond market
  • on-shore and off-shore interbank derivatives market
  • other business with the approval of China Banking and Insurance Regulatory Commission

Shareholders

China Foreign Exchange Trade System & National Interbank Funding Center (CFETS)

CFETS adheres to the business principle of “using multiple technical approaches and various trading methods to answer demands from multi-tiered markets”. Under the strategic goal of becoming the “major global trading platform and pricing center for RMB and related products”, CFETS provides a series of services covering issuance, trade, post-trade processing, information, benchmark and training services for interbank FX market, money market and bond market via dedicated line and the Internet with advanced electronic information technologies.

As an important financial infrastructure in China, CFETS undertakes daily monitoring on market transactions, and also provides support and service for PBC’s monetary policy transmission and market self-regulatory organizations. CFETS publishes market benchmarks, including RMB Central Parity Rate, Shanghai Interbank Offered Rate (Shibor), CFETS RMB Index, Loan Prime Rate (LPR), RMB Reference Rate, Bond Indices, yield curves, etc., offering reference prices for the market. CFETS headquarter is located in Zhangjiang, Shanghai and also has a local back-up center on the Bund and a remote back-up center in Beijing. Internally CFETS has 16 departments.

NEX International Limited

NEX International Limited (formerly ICAP Plc, now renamed as NEX International Limited) is a private limited company formed base on British law. NEX PLC is the wholly– owned non – transactional holding company of CME Group Inc.