Daily bets on the CSI 500 index futures, which tracks the CSI 500 index of China's small cap firms, will be limited to 1,200 contracts, based on one side of the transaction, the exchange said in a statement. 

The exchange will also check if hedging positions match those in the spot market. 

Chinese stocks rose on Monday, as an unprecedented series of support measures unleashed by Beijing brought some relief to a market whose slide over the past three weeks had raised fears about the stability of the world's second-biggest economy.

The CSI300 index <.CSI300> of the largest listed companies in Shanghai and Shenzhen closed up 2.9 percent, while the Shanghai Composite Index <.SSEC> gained 2.4 percent.

(Reporting by Meg Shen in Hong Kong and Samuel Shen in Shanghai, editing by William Hardy)