CFFEX Circular [2026] No.9

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 June 2026.

CFFEX handled 3 cases of self-trades exceeding limits, 23 cases of frequent placement and cancellation of orders, 1 case of placement and cancellation of large orders, and 1 case of aggregate position held through actual control accounts exceeding applicable position limit, involving 47 clients in total. Restrictions on opening new positions were imposed on 29 clients, while telephone reminders were issued to the relevant members of 20 clients.

CFFEX handled 24 cases of trading limits breaches, and took measures against the 95 clients involved by suspending their opening of new positions. 

CFFEX handled 4 cases of clients' hedging positions exceeding their corresponding matching requirements, and took measures against the 4 clients involved by requesting rectification within a prescribed time period, and requesting reporting, among others.