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Shenzhen Stock Exchange: The exchange can implement differentiated fees for high-frequency trading

On June 7th, the "Shenzhen Stock Exchange Programmed Trading Management Implementation Rules (exposure draft) " proposes to set charging standards according to indicators such as the number and frequency of declarations and cancellations, and add fees such as traffic fees and cancellation fees. The specific charging standards shall be stipulated separately by the exchange. Members shall strengthen fee management to ensure that the cost of differentiated fees is borne by investors with high-frequency trading.