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Shanghai Futures Exchange: Notice On Investigation And Penalties For Violations Of Relevant Rules And Regulations In 2019

Date 14/05/2019

To strengthen risk management and frontline regulation of the futures market, well regulate futures trading behaviors and protect the legitimate interests of the market participants, Shanghai Futures Exchange(hereinafter referred to as “The Exchange”) has made continuous efforts to investigate and penalize violations of relevant rules and regulations.The enforcement against such violations in April 2019 is listed as follows:

In the aspect of administration of abnormal trading behaviors, the Exchange has dealt with a total of 59 cases of abnormal trading behaviors, among which 21 cases were self-trades that exceed the limits, 38 cases were frequent order cancellations.The Exchange has separately notified 60 relevant members of the abnormal trading behaviors above by phone, and placed 3 clients on the Exchange’s watch list, notified 3 abnormal trading behaviors to all the members. 

In the aspect of identification and investigation coordination of accounts with actual control relationship,the Exchange has identified 30 groups of 60 clients that have reported the actual control relationship,and urged 3 groups of 26 clients to cooperate with the investigation of the actual control relationship. 

In the aspect of examining cases suspected of violating trading rules, the Exchange has examined three cases suspected of violating trading rules and has talked with one client.Found no violation.

The Exchange hereby notifies the above.