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Shanghai International Energy Exchange: Imposes position opening restrictions on certain clients
People’s Financial News, April 8 — The Shanghai International Energy Exchange issued an announcement regarding the implementation of position opening restrictions on certain clients.
On April 8, two groups of accounts with actual control relationships exceeded the intra-day trading volume limit on relevant contracts, reaching the handling standards of the Shanghai International Energy Exchange.
The trading behavior of the above clients violated Article 16 of the “Shanghai International Energy Exchange Abnormal Trading Behavior Management Rules,” and the Shanghai International Energy Exchange has decided to impose position opening restrictions on the relevant clients for the corresponding contracts.