Multiple quantitative private equity professionals: have not received notification from securities firms on the exclusive trading equipment withdrawal.

date
12/12/2025
On the evening of December 11, a message about the rectification of quantitative trading spread in the market, involving exchanges requiring securities firms to withdraw clients' exclusive trading devices, among other content, which has attracted widespread attention. It is reported that these measures aim to maintain market fairness, reduce abnormal fluctuations, and guide the standardized development of quantitative trading. In response, reporters interviewed several quantitative private equity firms. Several quantitative private equity professionals have stated that they have not received any relevant notices from securities firms, and that the information lacks authoritative sources for cross-validation. Industry insiders suggest that if the new regulations are true, they may have a certain impact on high-frequency trading, especially for fund managers who rely on trading speed to make profits. Strategies such as T0, limit up trading, low-latency arbitrage, which require extreme speed and centralized trading, could be easily affected. However, quantitative investment is not the same as high-frequency trading. Several top institutions have stated that they do not engage in related strategies and will not be affected.