CFFEX Circular [2023] No.3

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 February 2023.

CFFEX handled 2 cases of self-trade, and 7 cases of frequent placement and cancellation of orders, involving 12 clients in total. 10 clients were suspended the opening of new positions, and 2 members received reminders via telephone.

CFFEX handled 6 cases of trading limits violations, and took measures against with 14 clients involved by suspending their opening of new positions. 

CFFEX handled 6 cases of clients’ hedging positions or arbitrage positions exceeding their corresponding asset ratio requirements, and took measures against the 6 clients involved by requesting rectification within a prescribed time period, and requesting reporting, among others. 

China Financial Futures Exchange

March 8, 2023