Attachment 3

Comparison Table of the Amendments to the Relevant Rules

Comparison Table of the Amendments to the Measures for Clearing Management of Dalian Commodity Exchange

(Contents newly added are in shade; contents deleted are marked with double strikethrough; and clauses unchanged are represented by ellipsis.)

Original Articles	Amended Articles
Article 38	The Exchange will charge the trading commissions on the basis of the quantity, or amount, of the concluded contracts of the then-current day for the Members. The Exchange may formulate different standards of trading commissions in connection with the different products, contracts, trading types, trading volume and open interests.

The Exchange may collect the order fee and other fees based on the number of the order placements or cancellations.

The standards of trading commission, order fee and other fees shall be separately prescribed by the Exchange. The Exchange may adjust the methods and standards of collecting such fees based on the market situation.

The Exchange may reduce the trading commissions payable by the Members, the schemes of which shall be separately formulated and adjusted based on the market situation by the Exchange. The Members shall use the trading commissions reduced by the Exchange in a standardized manner pursuant to the laws, regulations, rules, and relevant provisions of the Exchange.	Article 38	The Exchange will charge the trading commissions on the basis of the quantity, or amount, of the concluded contracts of the then-current day for the Members. The Exchange may formulate different standards of trading commissions in connection with the different products, contracts, trading types, trading volume and open interests.

The Exchange may collect the order fee and other fees based on the number of the order placements or cancellations.

The standards of trading commission, order fee and other fees shall be separately prescribed by the Exchange. The Exchange may adjust the methods and standards of collecting such fees based on the market situation.

The Exchange may reduce the trading commissions payable by the Members, the schemes of which shall be separately formulated and adjusted based on the market situation by the Exchange. The Members shall use the trading commissions reduced by the Exchange in a standardized manner pursuant to the laws, regulations, rules, and relevant provisions of the Exchange, and shall not reduce the commission for the high frequency traders identified by the Exchange.

Comparison Table of the Amendments to the Measures against Rule Violations of Dalian Commodity Exchange

(Contents newly added are in shade; contents deleted are marked with double strikethrough; and clauses unchanged are represented by ellipsis.)

Original Articles	Amended Articles
Article 23	A member who commits any of the following acts in violation of the Exchange's clearing management rules shall be ordered to make rectification, and the Exchange may impose the disciplinary sanctions depending on the severity of the violation such as warning, reprimand, public censure, suspension of opening positions for trading for a period less than twelve (12) months, suspension of part of futures and options business, revocation of membership, and a fine of no more than CNY five hundred thousand (500,000) may be imposed additionally:

(1)	failing to pay sufficient margin in time;

(2)	providing inaccurate and incomplete records in the daily clearing report, monthly trading statement or other clearing documents;

(3)	failing to manage the margins in segregated accounts as prescribed;

(4)	failing to conduct daily clearing as prescribed;

(5)	forging or fabricating the trading records, financial statements or accounting books;

(6)	issuing false invoices or other falsified bills or instruments; or

(7)	any other violation against the Exchange's clearing management provisions.	Article 23	A member who commits any of the following acts in violation of the Exchange's clearing management rules shall be ordered to make rectification, and the Exchange may impose the disciplinary sanctions depending on the severity of the violation such as warning, reprimand, public censure, suspension of opening positions for trading for a period less than twelve (12) months, suspension of part of futures and options business, revocation of membership, and a fine of no more than CNY five hundred thousand (500,000) may be imposed additionally:

(1)	failing to pay sufficient margin in time;

(2)	providing inaccurate and incomplete records in the daily clearing report, monthly trading statement or other clearing documents;

(3)	failing to manage the margins in segregated accounts as prescribed;

(4)	failing to conduct daily clearing as prescribed;

(5)	forging or fabricating the trading records, financial statements or accounting books;

(6)	issuing false invoices or other falsified bills or instruments;or

(7)	failing to use the trading commissions reduced by the Exchange in a standardized manner; or

(8)	any other violation against the Exchange's clearing management provisions.

Disclaimer: This English translation may be used for reference only. In case there is any discrepancy between the English version and the original Chinese version, the original Chinese version shall prevail. Dalian Commodity Exchange may change or update this English translation without any prior notice and shall accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or change with regard to this English translation.