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Newsletter text
[Shanghai Energy Trading Center implements restrictive measures on investors who violate regulations] On May 9, according to the previous energy announcement, the account group (B6003247) of a fund (No.: 85055903) violated exchange regulations for the first time on the 2408 contract of the Consolidated Shipping Index (European Line) Futures due to the excessive trading volume of opening positions within a day. this act violatesrockncashArticle 16 of the "Detailed Rules for the Management of Abnormal Trading Behaviors of Shanghai International Energy Trading Center" was approved. As a regulatory measure, Energy in the previous period imposed a five-trading-day opening limit on the corresponding contract for this account group. This decision further reflects the exchange's strict implementation of trading rules to maintain market order and fairness. Previously, the market has paid attention to such violations. Investors are generally concerned that such behavior may have a negative impact on market stability. The occurrence of this incident reminds all market participants that they should strictly abide by trading rules to prevent potential trading risks. The energy regulatory measures in the previous period will help the market further regulate and ensure compliance and order of transactions.
