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 November 2024.
CFFEX handled 9 cases of self-trade, and 11 cases of frequent placement and cancellation of orders, involving 25 clients in total. 20 clients were suspended the opening of new positions, and 4 members received reminders via telephone.
CFFEX handled 34 cases of trading limits breaches, and took measures against the 88 clients involved by suspending their opening of new positions.
CFFEX handled 4 cases of clients’ hedging positions exceeding their corresponding matching requirements, and took measures against the 4 clients involved by requiring the attendance at a cautionary interview, suspending the opening of new positions, requesting rectification within a prescribed time period, and requesting reporting, among others.
CFFEX took self-regulatory measures against 1 group of accounts involving 2 clients who failed to truthfully report actual control relationship by suspending their opening of new positions in China government bond (CGB) futures for 1 month.
