CFFEX Circular [2024] No.11

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 October 2024.

CFFEX handled 3 cases of self-trade, 32 cases of frequent placement and cancellation of orders, and 2 cases of placement and cancellation of large orders, involving 56 clients in total. 37 clients were suspended the opening of new positions, and 7 members received reminders via telephone.

CFFEX handled 48 cases of trading limits breaches, and took measures against the 182 clients involved by suspending their opening of new positions. 

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