Circular On Self-Regulatory Measures Taken By CFFEX In October 2021

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 October 2021.

CFFEX handled 10 cases of abnormal trading activities with 18 clients involved, including 7 cases of self-trade, 1 case of frequent placement and cancellation of orders, and 2 cases of intraday excessive trading. 15 clients were suspended the opening of new positions, and 3 members received reminders via telephone.

CFFEX handled 1 case of trading limits violations, and took measures against 1 group of Actual Control Accounts with 2 clients involved by suspending their opening of new positions. 

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