Shanghai Stock Exchange: The quantitative transaction reporting system has been implemented smoothly. Quantitative trading helps provide liquidity to the market and facilitates price discovery.

quantitative trading, especially high-frequency trading, has obvious technical, information and speed advantages over small and medium-sized investors. For abnormal transactions that affect market order, the Shanghai Stock Exchange will take self-regulatory management measures. Those suspected of violating laws and regulations and serious circumstances will be reported to the China Securities Regulatory Commission for investigation and punishment.