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

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 January 2023.

CFFEX handled 4 cases of placement and cancellation of large orders, 3 cases of self-trade, and 4 cases of frequent placement and cancellation of orders, involving 15 clients in total.11 clients were suspended the opening of new positions, and 4 members received reminders via telephone.

CFFEX handled 4 cases of trading limits violations, and took measures against with 8 clients involved by suspending their opening of new positions. 

CFFEX handled 2 cases of clients’ hedging positions exceeding their corresponding asset ratio requirements, and took measures against the 2 clients involved by requesting rectification within a prescribed time period, and requesting reporting, among others.