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Dalian Commodity Exchange (DCE) released a notice on May 9, showing that DCE dealt with 29 cases of abnormal transaction, including 13 cases of self-transaction violating position limits and 16 cases of frequently placing and cancelling orders. According to relevant regulatory standards and handling procedures of the “DCE Management Measures on Abnormal Trading (Trial)”, DCE has called to remind clients with the abovementioned unusual transaction through its members.
In addition, DCE also dealt with 5 cases of violating position limits for hedging in April, including 3 clients and 1 pair of related accounts under common control. Their contracts violating position limits have been banned from opening positions and trading in a specified period of time according to the “DCE Measures for Hedging Management”.
