Shanghai Futures Exchange: Imposing restrictions on opening positions for some customers.

Shanghai Futures Exchange issues announcement on implementing regulatory measures to restrict opening positions for some clients. On March 12, 2026, two groups of accounts with actual control relationships exceeded the limit for opening positions on relevant contracts within the same trading day, reaching the exchange's processing standards. The trading behavior of the clients mentioned above violates Article 16 of the "Shanghai Futures Exchange Measures for Managing Abnormal Trading Behavior", and the exchange has decided to implement regulatory measures to restrict opening positions for the relevant clients on the corresponding contracts.