The first domestic standard warehouse receipt registration query system will be contained in illegal acts such as "one thing and selling more"

Reporter Wang Ning

On August 15th, a reporter from the Securities Daily was informed that the Zhengzhou Commodity Exchange (referred to as "Zheng Shang Institute") officially launched the first standard warehouse receipt registration and query system in the domestic futures market. Many people in the industry said that at present, the large -scale warehouse receipt of commodities has become an important asset category, which is very promising in accelerating trade circulation, convenient financial communication, and serving the real economy allocation resources. The system will provide a reliable path for ensuring the security of the warehouse and the goods, which can effectively curb illegal acts such as fake warehouse orders.

It is understood that the first domestic standard warehouse receipt registration query system is launched, which provides convenient information for the warehouse receipt holders to obtain the electronic inquiry report and other relevant information. Conditions, query and verify whether there is a standard warehouse receipt registered by Zheng Shang. This "collision library" model query can not only protect customers' business secrets, but also effectively prevent the risk of open warehouse receipts, and has certain innovation.

In addition, financial institutions such as banks, risk management companies, and trading enterprises can also use the system to conduct due diligence before loan financing and commodity trade to verify whether the pledge or commodity of the transaction is a standard warehouse for the futures market. Prevent financing and trade risks.

According to the "Futures and Derivation Methods of the People's Republic of China", which will be implemented from August 1, the standard warehouse receipt registration functions of commodity futures trading venues will be provided. The "identification" is modified to "register" and stipulates that traders have the right to inquire about important information related to their receiving services.

Industry insiders said that in the past, illegal acts such as fake warehouse orders for repeated pledge or "one thing" were still occurred from time to time. The single registration query system can effectively curb such illegal acts. At the same time, commercial banks, traders, warehouses and other marketing entities should also participate together. Government departments and judicial authorities also need to support it to give full play to the registered function of the financial infrastructure of the commodity futures exchanges to jointly create a good market integrity environment.

"The registration and query system for the online standard warehouse receipt is a specific measure to implement the above regulations and opinions, which is conducive to strengthening the effect of financial agglomeration and promoting the integration of futures spot." Zhang Yunding, deputy director of the Local Finance and Administration Bureau of Henan Province.

Lu Dongsheng, general manager of Zheng Shang Institute, said that the establishment of a standard warehouse receipt registration and query system will publicize the state of rights of the standard warehouse receipt through registration, which is conducive to ensuring the security of standard warehouse receipts. The legitimate rights and interests play a role in adding credit for the market. At the same time, it is also conducive to attracting market players to carry out spot and derivatives transactions based on standard warehouse receipts, prevent the risk of delivery, enrich the price of commodity price information, monitor the market monitoring and monitoring and national macroeconomic decisions to provide data support.

"By inquiring, understanding the state of the warehouse single, bringing protection to the warehouse bill trade, which is conducive to improving the efficiency of commodity circulation, reducing the cost of circulation, and optimizing the allocation of resource." Lu Dongsheng introduced that in the next step, Zheng Shang Institute will use the Grand Prince The infrastructure advantages and institutional advantages of the register of the commodity warehouse receipt, continuously optimize and improve the standard warehouse receipt registration query function, give play to the role of standard warehouse receipts Unicom's spot futures and the real economy, and strive to create an important commodity warehouse registration center.

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