A Chicago-based proprietary trading firm and three traders will pay a total of $745,000 for market manipulation in agriculture and metals contracts, the Commodity Futures Trading Commission said in a statement Wednesday.
The CFTC said ARB Trading Group LP, along with two traders from Canada and one from India, bid on or offered raw-materials contracts with the intent to cancel before execution. The so-called spoofing was in commodities traded on the
The announcement comes on the heels of ...
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