In order to maintain market fairness and ensure trading security, the iCoin platform hereby establishes the following risk control standards for abnormal trading behaviors.
All users are requested to carefully read and strictly comply with these rules to safeguard their own rights and interests and to ensure the stable operation of the platform.
I. Definition of Abnormal Trading Behaviors
Abnormal trading behaviors include, but are not limited to, the following:
• Excessive trading behavior: a single account opens positions ≥50 times within one trading day, clearly exceeding reasonable trading needs.
• Self-trading behavior: users conduct transactions between the same account or between associated accounts to create fictitious trading volume.
• Exceeding combined position limits of associated accounts: the total position size of associated accounts under actual control exceeds the maximum limit stipulated by the platform.
• Market price manipulation: associated accounts artificially manipulate market prices through matched orders, coordinated trades, or similar methods to obtain illegal profits.
• Credential theft trading behavior: stealing other users’ account credentials and passwords, or conducting illegal transactions and transferring funds through associated accounts.
• Wash trading: using one’s own account or multiple associated accounts to conduct frequent trades, creating false trading volume to obtain fee rebates or other rewards.
• Non-compliant quantitative trading and arbitrage trading: using illegal algorithms or methods to circumvent platform rules, or conducting improper arbitrage across multiple markets.
• AB position trading behavior: establishing a long position in one account and a short position in another account to create abnormal trading records.
• High-frequency trading or programmatic high-frequency trading in violation of rules: using technical means to execute a large number of trades within an extremely short period of time, disrupting market order.
• Abnormal convergent trading behavior: multiple associated accounts execute trades that are highly consistent in trading direction, price, and timing, undermining market fairness.
• Operating another person’s account: conducting trades by operating another person’s account without authorization.
• Ultra-short-term trading behavior: frequently opening and closing positions with the opening and closing time ≤3 minutes, disrupting normal market trading order.
• Participation in price manipulation or other malicious market behaviors: manipulating prices through false or deceptive means, damaging market fairness.
• Exploiting loopholes or unreasonable methods to harm other users or the platform: obtaining benefits or causing harm to the platform or users through technical vulnerabilities or rule deficiencies.
• Participation in activities deemed harmful to the market by the platform: any behavior considered to have a negative impact on market order or platform operations.
• Using multiple devices and accounts to obtain fee rebates or conduct hedging trades: obtaining transaction fee rewards or creating false trading appearances through improper means.
II. Measures for Handling Abnormal Trading Behaviors
For the above-mentioned abnormal trading behaviors, the iCoin platform will take the following measures based on the severity of the circumstances:
1. Warning notice: for minor violations, a warning will be issued and immediate rectification will be required.
2. Restriction of trading privileges: suspension or limitation of account trading rights, including but not limited to restricting position opening and forced liquidation.
3. Account freezing: for serious violations, account funds will be frozen and all trading activities will be suspended.
4. Deduction of illegal gains: confiscation of illegal profits obtained through rule-violating behaviors.
5. Termination of services: for users with particularly serious or repeated violations, all platform services will be terminated and the user will be added to a blacklist.
6. Referral to judicial authorities: behaviors suspected of violating laws or constituting criminal offenses will be transferred to the relevant judicial authorities in accordance with the law.
III. Special Notes
• The platform will use multi-dimensional feature recognition technologies to monitor and determine abnormal trading behaviors in real time.
• Users should ensure the security of their accounts, properly safeguard login information, and avoid violations caused by account misuse or theft.
• If you have any questions regarding these rules, please promptly contact iCoin platform customer support for assistance.
All users are requested to consciously comply with the above rules and jointly maintain a healthy and fair trading environment.
The iCoin platform will continue to optimize its risk control measures to protect the legitimate rights and interests of all users.
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