The Shanghai Futures Exchange intends to introduce the "Administrative Measures for Algorithmic Trading" and is now seeking public feedback. These measures underscore the importance of compliance and risk control in algorithmic trading, necessitating traders, futures company members, and overseas institutions to enhance their monitoring and system implementation capabilities. The exchange will prioritize surveillance of abnormal activities, including high-frequency order cancellations and withdrawals, and will employ measures such as differentiated fees and trading quotas to bolster oversight. In the event of emergencies, all parties involved must respond promptly, and the exchange reserves the right to take actions like suspending trading to address such situations.