CFFEX Circular  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 March 2023.
CFFEX handled 1 case of self-trade, 7 cases of frequent placement and cancellation of orders, and 2 cases of placement and cancellation of large orders, involving 10 clients in total. 4 members received reminders via telephone, and 6 clients were suspended the opening of new positions.
CFFEX handled 5 cases of trading limits violations, and took measures against 7 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
April 10, 2023