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 May 2022.
CFFEX handled 15 cases of abnormal trading activities with 21 clients involved, including 4 cases of self-trade, 7 cases of frequent placement and cancellation of orders, 3 cases of placement and cancellation of large orders, and 1 case of intraday excessive trading. 12 clients were suspended the opening of new positions, and 8 members received reminders via telephone.
CFFEX handled 4 cases of trading limits violations, and took measures against with 12 clients involved by suspending their opening of new positions.
CFFEX handled 6 cases of clients’ hedging positions or arbitrage positions exceeding their corresponding asset ratio requirements, and took measures against the 6 clients involved by requesting rectification within a prescribed time period, and requesting reporting, among others.
