Circular On Self-Regulatory Measures Taken By CFFEX In October 2023

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 October 2023.

CFFEX handled 2 cases of self-trade, and 2 cases of frequent placement and cancellation of orders, involving 4 clients in total. 1 member received reminders via telephone, and 3 clients were suspended the opening of new positions.

CFFEX handled 5 cases of trading limits breaches, and took measures against 10 clients involved by suspending their opening of new positions. 

CFFEX handled 3 cases of clients’ hedging positions exceeding their corresponding matching requirements, and took measures against the 3 clients involved by requesting rectification within a prescribed time period, and requesting reporting, among others.