Futures Daily: Formal Investigation Initiated by SHFE against 3 Cases of Trading Behaviours Suspected of Rule Violation in January

Date：February 15, 2017

According to the announcement released on February14th by the Shanghai Futures Exchange , in January, the Exchange has investigated totally 9 cases of trading behaviors that have caused abnormal price fluctuation, and has set cases against three of them which are suspected of rule-violation.

In that month, 82 cases of abnormal trading have been dealt with by the Exchange, including 32 cases for exceeding the limits of self-matching trading, 48 cases for exceeding the limits of frequent order placement and cancellation, and 2 cases for exceeding the limits of large-sized 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.

Furthermore, the Exchange has also dealt with 1 case for exceeding the limits of actual control account trading, and published to the market about 2 clients invloved in this case, and restricted them from position opening.