Dalian Commodity Exchange Deals With 116 Cases Of Unusual Transaction In Q3

In order to deepen the implementation of the general requirements of the China Securities Regulatory Commission (CSRC) for “law-based, comprehensive and strict regulation” in market regulation, maintain the “open, fair and equitable” order of the market and effectively fulfill DCE’s responsibility for front-line regulation, Dalian Commodity Exchange (DCE) continued to strictly crack down on all kinds of violations in the third quarter of this year. The violations that were investigated and dealt with included 17 cases of violating position limits for hedging during trading, and 116 cases of unusual transaction, including 61 cases of self-trade, 52 cases of frequently placing and cancelling orders and 3 cases of the related accounts under common control violating position limits, with 22 clients banned temporarily from opening positions. A total of 34 violation clues were handled. In addition, DCE stepped up the inspection of the related accounts under common control.