In the second quarter of this year, Dalian Commodity Exchange (DCE) investigated and dealt with a total of 212 violations, including 114 cases of unusual transactions.
From April to June this year, the violations treated by DCE included 42 violations of trading limits, 19 violations of hedging position limits, 114 cases of unusual transaction including 54 self-trade cases, 58 cases of frequently placing and cancelling orders, and 2 cases of placing and cancelling large orders. 68 clients were banned temporarily from opening positions. A total of 37 violation clues were treated, including 8 cases of transferring funds by matched orders, 22 cases of self trade or pre-arranged transactions to affect the prices of inactive contracts, and 7 cases of suspected violation of position limits by related accounts under common control, with 3 violations registered and investigated. In addition, DCE stepped up the screening of the related accounts under common control by issuing 53 inquiry letters and urging 138 clients in 51 groups to declare the relationship of related accounts under common control.
