Guangzhou Futures Exchange reports two violations of trading regulations and imposes disciplinary actions on seven clients

On February 2nd, the Guangzhou Futures Exchange announced the disciplinary results for two violations. The notice states that disciplinary actions were taken against three clients, including Shanghai Juesi Asset Management Co., Ltd., and four clients, including Anhui Shuotong International Trade Co., Ltd., for violations of position management regulations. A relevant person from the Guangzhou Futures Exchange stated that all participants in the futures market should strictly comply with relevant laws, regulations, and self-discipline rules of the exchange, and firmly uphold the bottom line of compliant trading. The Guangzhou Futures Exchange will continue to follow the deployment requirements of the China Securities Regulatory Commission, strictly adhere to regulatory responsibilities, and maintain a “tooth and thorn” approach with clear edges and corners in supervision. For violations such as actual control relationships, trading limits, and position limits, as well as behaviors that affect futures trading prices and disrupt market order, the exchange will diligently perform frontline supervisory duties, adhere to the “zero tolerance” principle, investigate and handle each case thoroughly, and strictly pursue accountability according to regulations to resolutely safeguard market fairness and justice. (Futures Daily)