Shanghai Futures Exchange (hereinafter referred to as “the Exchange”) has been on continuous efforts in investigating and penalizing violations of relevant rules and regulations, so as to strengthen the risk management of the futures market, regulate the futures trading activities and protect the legitimate rights and interests of futures market participants. The enforcement against such violations in February 2024 is listed as follows:

In the aspect of administration of abnormal trading behaviors, the Exchange has dealt with 15 cases, among which 12 cases were self-trades, 3 cases were exceeding the limit of placing and cancellation of large-amount order. The Exchange has separately notified the relevant clients by phone through the members, placed 1 client and 2 groups of accounts with actual control relationship on the Exchange’s watchlist, notified 3 abnormal trading behaviors to all the members.

In the aspect of identification and cooperative investigation of accounts with actual control relationship, the Exchange has identified 2 groups of 3 clients that exist the actual control relationship. The Exchange didn’t file any investigation of the actual control relationship in February.

In the aspect of inspecting cases violating trading rules, the Exchange has dealt with 3 cases suspected of violation trading rules, of which 2 cases were price fluctuation caused by market price order, 1 case was suspected of accommodation trade. The Exchange has not filed and investigated any case suspected of violating trading rules in February.

The Exchange reminds traders to be in compliance with its rules in the trading activities and report accounts with actual control relationship.

SHFE hereby notifies as the above.

Shanghai Futures Exchange
March 7 , 2024