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Notice on Investigation and Penalties for Violations of Relevant Rules and Regulations in July 2021

Updated on 2021-08-10

 

Shanghai International Energy Exchange (hereinafter referred to as “INE”) 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 July 2021 are listed as follows:
In the aspect of administration of abnormal trading behaviors，INE has dealt with a total of 9 cases, which 2 cases were self-trades，7 cases were frequent order cancellations，INE has separately notified the relevant clients by phone through the members and placed 1 client on INE’s watchlist，notified 1 abnormal trading behaviors to all the members.
In the aspect of identification and cooperative investigation of accounts with actual control relationship, INE has identified 110 groups of 410 clients that exist the actual control relationship to cooperate with the investigation of the actual control relationship.
In the aspect of inspecting cases violating trading rules，INE has dealt with 4 cases suspected of violation trading rules，of which 1 case was self-trade affecting the contract settlement price，1 case was client existing actual control relationship but has not reported，2 cases were price fluctuation caused by market price orders.INE has filed and investigated 2 cases suspected of violating trading rules.
INE reminds investors to be in compliance with its rules in the trading activities and and report accounts with actual control relationship.
INE hereby notifies as the above.
 
Shanghai International Energy Exchange
August 10，2021

Notice on Investigation and Penalties for Violations of Relevant Rules and Regulations in July 2021

Updated on 2021-08-10

 

Shanghai International Energy Exchange (hereinafter referred to as “INE”) 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 July 2021 are listed as follows:
In the aspect of administration of abnormal trading behaviors，INE has dealt with a total of 9 cases, which 2 cases were self-trades，7 cases were frequent order cancellations，INE has separately notified the relevant clients by phone through the members and placed 1 client on INE’s watchlist，notified 1 abnormal trading behaviors to all the members.
In the aspect of identification and cooperative investigation of accounts with actual control relationship, INE has identified 110 groups of 410 clients that exist the actual control relationship to cooperate with the investigation of the actual control relationship.
In the aspect of inspecting cases violating trading rules，INE has dealt with 4 cases suspected of violation trading rules，of which 1 case was self-trade affecting the contract settlement price，1 case was client existing actual control relationship but has not reported，2 cases were price fluctuation caused by market price orders.INE has filed and investigated 2 cases suspected of violating trading rules.
INE reminds investors to be in compliance with its rules in the trading activities and and report accounts with actual control relationship.
INE hereby notifies as the above.
 
Shanghai International Energy Exchange
August 10，2021
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Address: 500 Pudian Road, Shanghai Zip: 200122 Tel: 4008666099 Fax: +86 21 68401198
SHFE Company: INE | SFIT | SHIFD | SHFES
©Copyright Shanghai International Energy Exchange
沪ICP备14004412号 沪公网安备 3101150203248号