To prevent market risks, maintain the orderly operation of the market and protect investors’ legitimate rights and interests, China Financial Futures Exchange (CFFEX) took the following self-regulatory measures against violations of exchange rules in March 2022.
CFFEX handled 23 cases of abnormal trading activities with 41 clients involved, including 1 case of self-trade, 17 cases of frequent placement and cancellation of orders, 3 cases of aggregate position held through actual control accounts exceeding applicable position limit, and 2 cases of intraday excessive trading. 41 clients were suspended the opening of new positions, and 3 members received reminders via telephone.
CFFEX handled 10 cases of trading limits violations, and took measures against 40 clients involved by suspending their opening of new positions.
CFFEX handled 8 cases of clients’ hedging positions or arbitrage positions exceeding their corresponding asset ratio requirements, and took measures against the 8 clients involved by requesting rectification within a prescribed time period, and requesting reporting, among others.
