China News Network: SHFE handled 284 abnormal trading behaviors in November

Updated on: December 7, 2016

Reported by Yu Jun, Journalist from China News Network

China News Network, December 7, Shanghai - Shanghai Futures Stock (hereinafter referred to as SHFE) disclosed on December 7 that, it had totally handled 284 abnormal trading behaviors in November; investigated the 12 transactions causing abnormal price fluctuation, of which 1 transaction involved illegal transaction, and had been registered for investigation

According to the introduction, among the 284 abnormal trading behaviors, 75 were transaction over-limit, 204 were frequent declaration and withdrawal over-limit, 4 large-amount declaration and withdrawal over-limit, and 1 actual control relation account portfolio and position over-limit. SHFE made the entire market notification for the 29 clients reaching to the abnormal trading treatment standard of the exchange, and also adopted the supervision measure of limited position opening.

The relevant principals of SHFE express that, it will constantly investigate the rule violation as per relevant regulations, practically reinforce risk prevention and first-line supervision, normalize futures trading behaviors, and ensure the legal interests of futures market participants.