独家-监管机构要求基金逐步淘汰现有的 DMA 产品-彭博

external clients were told to stop accepting newinflows and phase out existing productsfor “Direct Market Access，” a strategy that is often highlyleveraged， the people said， requesting not to be named because they weren’tauthorized to speak publicly. The gradual exit would help prevent drastic selloffs， the people said. 这些人士说，一些为外部客户管理资金的量化基金被告知停止接受新的资金流入，并逐步淘汰 中性股票产品（兼顾看涨和看跌头寸的产品）从券商借入的资金通常高达其投资额的 300%。Earlier this month， China broadly reined in quant funds， which relied on computer-driven trading to outperform the market for much of the last three years. The group fell under scrutiny after beingblamed for exacerbating a market slump. 本月早些时候，中国对量化基金进行了广泛的监管，这些基金在过去三年的大部分时间里依靠计算机驱动的交易跑赢了市场。在被指责加剧市场低迷后，该群体受到了严格审查。The government’s forceful measures have helped prop up share prices at least temporarily.The CSI 300benchmark index has increased bynearly 10% since Feb. 2. 政府的有力措施至少暂时帮助支撑了股价。自2 月 2 日以来，沪深 300 基准指数已上涨近 10%。