CFFEX Circular [2024] No.5

To prevent market risks, maintain 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 April 2024.

CFFEX handled 4 cases of self-trade, and 15 cases of frequent placement and cancellation of orders, involving 18 clients in total. 6 members received reminders via telephone, and 9 clients were suspended the opening of new positions.

CFFEX handled 20 cases of trading limits breaches, and took measures against the 49 clients involved by suspending their opening of new positions. 

CFFEX handled 5 cases of clients’ hedging positions exceeding their corresponding matching requirements, and took measures against the 5 clients involved by requesting rectification within a prescribed time period, and requesting reporting, among others.