Shanghai, 20 August 2013-CFETS-ICAP (renamed as CFETS-NEX now) submitted the application for entering the broking business of FX Option in August 2013 to State Administration of Foreign Exchange according to the related regulatory requirements which aimed to provide better service and improve interbank market liquidity and at the same time, expand CFETS-ICAP (remade as CFETS-NEX now)’s business and boost its sustainable development.