To facilitate investment managers’ trading operation, CFETS issued a notice that integrated transaction account service is scheduled to function in the RMB currency trading system on April 7, 2015. Instead of one account one trading product policy, traders can use one single account to do multiple products trading for their investment management.

Integrated Transaction Account Service:

Integrated transaction account service is designed to provide much convenience for institutional investment managers’ trading and product searching actions. Instead of logging into different account over and over again, traders can improve their trading efficiency by using one single account to bid, close a deal and searching quotes for products..For now, integrated transaction account service support three financial markets including cash bond, pledge-style repo and buyout repurchase.

Major participants for the integrated transaction account service includes fund company, security company, trust company, insurance company, asset management department of insurance company and commercial bank, etc. This service also covers funds, enterprise annuity, trust products, asset management program of security companies, fund management companies and their subsidiaries specific customer asset management program, social security fund, insurance asset management products and commercial bank’s financial product, etc.