Shanghai Futures Exchange warns of zero tolerance for trading abuse

Beijing

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. There'll be "zero tolerance" of any activity that violates regulations, according to a statement, which said more than 900 cases of what it called abnormal activity were settled in the first five months.