Industry experts: Quantitative trading is not impossible to do, but it must never become an "amplifier" of market fluctuations.

From July 20th to 21st, the China Securities Regulatory Commission held a series of discussions with uncommon density and breadth, listening to opinions and suggestions from investors, listed companies, industry institutions, and experts and scholars, focusing on promoting the stable and healthy development of the capital market. Among them, "regulating quantitative trading and AI application" and "increasing punishment for market violations" became the core topics of discussion. Industry experts believe that quantitative trading is not prohibited, but it must not become an "amplifier" of market fluctuations. It is not the technology itself that is problematic, but rather the need for clear boundaries in the application of technology. From the suggestion of investor representatives to "regulate the development of quantitative trading and AI application", to the subsequent discussions proposing to "further regulate quantitative trading behavior" - from "regulating development" to "regulating behavior", this indicates that specific policies may be on the way.