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Securities Times: 81 Cases of Abnormal Trading Dealt with by SHFE in May

Updated on Jun 07,2017

 

Securities Times: 81 Cases of Abnormal Trading Dealt with by SHFE in May

The announcement by SHFE on June 7th shows that having investigated 7 cases of trading behaviors that have caused abnormal price fluctuation in May, the Exchange has set cases against 3 of them which may have violated trading rules. 81 cases of abnormal trading have been dealt with by the Exchange, including 51 cases for exceeding the limits of frequent order placement and cancellation, 3 cases for exceeding the limits of large-sized order placement and cancellation and 1 case for exceeding the limits of combined position held in account group of affiliated relationships. The Exchange has publized to the market about one (1) client who has reached standards of abnormal trading set by the Exchange, and restricted him from position opening.

 

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