FROM: Shanghai Futures Exchange

TO: All Members

SUBJECT: Notice on Improving Daily Market Risk Control

FILING SERIAL: SQF [2016] No.64               

April 20, 2016

Because of the complicated and drastic changes in domestic and international economic and financial situations and the growing uncertainty factors affecting current market operation, there appeared an obvious increase in the price fluctuation and trading velocity of some products listed on the SHFE in recent days. We now warn all SHFE members to tighen up their risk control measures and all investors to be more prudent in dealing with various market information and more careful with their investment operations, so that the market will remain operating in a smooth and safe manner.

It’s hereby informed.

Shanghai Futures Exchange

Date: April 21, 2016