Speculative funds and quantitative trading "privileges" are no longer, and brokerage independent trading unit services face comprehensive rectification

The "privilege" of low-latency trading that once relied on retail investors and large quantitative traders is being gradually eliminated by regulation. Journalists have learned from industry sources that the "independent trading units" previously provided by brokerages to large capital clients are facing comprehensive rectification. Before the rectification is completed, both the Shanghai and Shenzhen stock exchanges have suspended the acceptance of applications for independent trading units from brokerages. A client manager from a brokerage in South China reported that the exchanges had already suspended new additions by the end of 2025. A relevant person in charge of the IT department of a brokerage revealed, "The requirement from the exchanges is that after rectification, an independent trading unit cannot be monopolized by one account; there must be at least 10 active accounts." (Jiemian)