CFFEX Circular  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