Circular On Self-Regulatory Measures Taken By CFFEX In March 2025

To prevent market risks, maintain 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 2025.

CFFEX handled 3 cases of self-trade, 8 cases of frequent placement and cancellation of orders, and 1 case of placement and cancellation of large orders, involving 18 clients in total. 10 clients were suspended the opening of new positions, and 8 clients’ members received reminders via telephone.

CFFEX handled 16 cases of trading limits breaches, and took measures against the 47 clients involved by suspending their opening of new positions. 

CFFEX handled 1 case of clients’ hedging positions exceeding their corresponding matching requirements, and took measures against the 1 client involved by requesting rectification within a prescribed time period, and requesting reporting, among others.