Updated on Mar 07,2017
Shanghai Securities News:Totally 82 Cases Suspected of Abnormal Trading Being Dealt with by SHFE in February
Date:March 7th, 2017
By Song Weiping from China Securities Network News
According to the announcement released on March 7th by the Shanghai Futures Exchange, in February, the Exchange has investigated totally 5 cases of trading behaviors that have caused abnormal price fluctuation, and has set cases against one of them which is suspected of rule-violation.
Furthermore, in February, 82 cases of abnormal trading have been dealt with by the Exchange, including 36 cases for exceeding the limits of self-matching trading and 46 cases for exceeding the limits of frequent order placement and cancellation. The Exchange has published to the market about 2 clients who have reached standards of abnormal trading set by the Exchange, and restricted them from position opening.
According to relevant head from SHFE, the Exchange will continue its efforts in investigation an punishment against rule-violations according to relevant laws and regulations, in a bid to practically intensify risk prevention and first-line regulation, normalize futures trading behaviors and to guarantee the legitimate interests of participants in the futures market.