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Top China commodity exchange pledges ‘zero tolerance’ for abuse

Posted on 12 July 2016

The Shanghai Futures Exchange has vowed it won’t tolerate any abuse of trading rules after the unprecedented boom-bust episode earlier this year, adding that its products aren’t for mom and pop investors.
“Futures isn’t a mass market but a professional one,” the exchange said in comments to Bloomberg News. There’ll be “zero tolerance” of any activity that violates regulations, according to the statement, which said more than 900 cases of what it called abnormal activity were settled in the first five months………………………………………..Full Article: Source


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