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 June 2024 is listed as follows:

In the aspect of administration of abnormal trading behaviors, the Exchange has dealt with 18 cases, all were self-trades. The Exchange has separately notified the relevant clients by phone through the members, placed 3 clients 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 203 groups of 485 clients that exist the actual control relationship to cooperate with the investigation of the actual control relationship and urged 67 groups of 162 clients to cooperate with the investigation of the actual control relationship in June.

In the aspect of inspecting cases violating trading rules, the Exchange has dealt with 3 cases, of which 1 case was wrong orders, 1 case was price fluctuation caused by market price order, 1 case was clients existing actual control relationship but have not reported. The Exchange has filed and investigated 1 case suspected of violating trading rules in June.

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

Shanghai Futures Exchange
July 2, 2024