CITIC Futures seat empty order again attracted attention, once responded: all valet transactions, no self-operated business
Gold Ten Futures September 25th news, CITIC Futures seat empty order data again attracted attention. It is mentioned that "CITIC Futures bought a net of 7166 short orders today, and the total number of CITIC Futures net short orders was -85,634". In this regard, there is another opinion that CITIC Futures is shorting the market. Such misunderstandings are not the first time. CITIC Securities replied to such questions on the Shanghai Stock Exchange e-interactive platform on June 21 that, as a wholly-owned subsidiary of CITIC Securities, CITIC Futures conducts futures brokerage business (valet business) and does not have self-operated business. Therefore, the trading volume and position of CITIC Futures, whether long or short, are traded on behalf of clients. Due to the large number of clients of CITIC Futures, the volume and position of its agent clients continue to rank among the top, and all traded positions are traded by agent clients.