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 June 2019 is listed as follows:
In the aspect of administration of abnormal trading behaviors, the Exchange has dealt with a total of 62 cases of abnormal trading behaviors,among which 21 cases were self-trades that exceed the limits, 39 cases were frequent order cancellations,two cases for exceeding the limit of placing and cancellation of large-amount orders.
The Exchange has separately notified 64 relevant members of the abnormal trading behaviors above by phone, and placed seven clients on the Exchange’s watch list, notified nine abnormal trading behaviors to all the members.There were two clients that reached the threshold set by the Exchange on abnormal trading, the Exchange has suspended the clients from opening new positions on the relevant futures contracts and notified to the whole market.
In the aspect of identification and investigation coordination of accounts with actual control relationship,the Exchange has identified 51 groups of 120 clients that have reported the actual control relationship.
In the aspect of examining cases suspected of violating trading rules, the Exchange has examined 13 cases suspected of violating trading rules,filed and investigated one of the cases suspected of violating trading rules.The Exchange has talked with two clients in June. In June, the Exchange has made one written decision on the case violating trading rules, given one client a criticism and suspended the client from opening new positions, and recorded it into the credit file of China’s capital market.
The Exchange hereby notifies the above.

Shanghai Futures Exchagne
July 8  ,2019