CFFEX Circular [2023] No.2

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. 

China Financial Futures Exchange

February 6, 2023