Announcement on Imposing Restrictions on Position Opening in Account Group under the De Facto Control of 12 Clients including Guo Yiping

Updated on Oct 23,2014

Announcement on Imposing Restrictions on Position Opening in Account Group under the De Facto Control of 12 Clients including Guo Yiping

FROM: The Shanghai Futures Exchange

TO: All Members

CC: Futures Regulatory Department of the China Securities Regulatory Commission

SUBJECT: Announcement on Imposing Restrictions on Position Opening in Account Group under the De Facto Control of 12 Clients including Guo Yiping

FILING SERIAL: SQGG [2014] No. 6

October 23, 2014

Given that on October 23, 2014, it is the second time the combined open interests in two natural rubber contracts, (Ru) 1501 and (Ru) 1505, held in the account group under the de facto control of 12 customers including Guo Yiping exceed the position limits prescribed by the Exchange so as to reach the Exchange’s enforcement threshold, which is in violation of Amendments to Interim Provisions on Unusual Transaction Monitoring of the Shanghai Futures Exchange. In accordance with Amendments to Enforcement Standard and Procedures of Interim Provisions on Unusual Transaction Monitoring of the Shanghai Futures Exchange, we hereby impose restrictions on the opening of new positions in natural rubber products by customers of such account group for 10 business days.