The Visit of CME Group Asia-Pacific Sales Head Tim Smith to Nanhua Futures

On March 1st, a delegation from the Chicago Mercantile Exchange (CME) Group led by Tim Smith, the Head of Sales for the Asia-Pacific region, visited Nanhua Futures. Nanhua Futures Chairman Luo Xufeng and other leaders attended the reception. Chairman Luo Xufeng warmly welcomed the visit from the CME delegation and provided an overview of Nanhua Futures' recent development. He stated that 2023 was a year of rapid development for Nanhua Futures' international business, which was greatly facilitated by CME's support. He emphasized that as the only clearing member of CME in mainland China, Nanhua Futures highly values the cooperative relationship and profound friendship between the two parties. This year, Nanhua's subsidiary, Nanhua USA, officially became a clearing member of the Minneapolis Grain Exchange (MGEX), further expanding the company's global clearing footprint. In the future, the company will actively expand its overseas localization business, while serving outbound enterprises and attracting more overseas investors to contribute to the two-way opening of the Chinese financial market.

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Tim Smith acknowledged Nanhua Futures' achievements over the past year and expressed gratitude for the good cooperation between the two parties. He emphasized CME's business development in 2023 and outlined the business development strategy for 2024. He stated that future international market opportunities and challenges coexist, and CME will listen carefully to the needs and suggestions of its member companies, continuously improve professionalism, and enhance policy support and service coordination.

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Finally, the two parties discussed topics such as deepening cooperation and direction of demand, expressing hopes for Nanhua Futures and CME to grow and develop together in the future.