Trading system crashes for up to 7.5 hours, Huajin Futures and its general manager fined.
Tianjin Securities Regulatory Bureau issued a new penalty. The penalty mentioned that on March 10th, Huajin Futures experienced a malfunction in the Wenhua Relay software, which caused customers to be unable to log into the Wenhua Financial Trading Terminal for 7 hours and 26 minutes. After investigation, it was found that the company did not properly protect the scene of the incident and related evidence during the emergency response process, leading to the inability to determine the true cause of this network security incident. Therefore, Huajin Futures has been subjected to supervisory measures requiring correction. As the assistant to the president of Huajin Futures and in charge of information technology, Jingzhen was issued a warning letter.
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