CFFEX Circular [2022] No.4

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 2022.

CFFEX handled 4 cases of abnormal trading activities with 6 clients involved, including 1 case of self-trade, and 3 cases of frequent placement and cancellation of orders. 5 clients were suspended the opening of new positions, and 1 member received reminders via telephone.

CFFEX handled 1 case of trading limits violations, and took measures against the 9 clients involved by suspending their opening of new positions. 

CFFEX handled 3 cases of clients’ hedging positions or arbitrage positions exceeding their corresponding asset ratio requirements, and took measures against the 3 clients involved by requesting rectification within a prescribed time period, and requesting reporting, among others. 

China Financial Futures Exchange

March 8, 2022