Interesting future strategy? Manipulative lawsuit pending according to Bloomberg?

(Last Updated On: April 1, 2014)
Learn the Secret

Get  our 2 Free Books

Get these now which land directly to their inbox.
Invalid email address
Interesting future strategy? Manipulative lawsuit pending according to Bloomberg?
This came in from some one in NYC regarding this futures idea: (so many ideas but such little time)

“Wilson and DRW knew that the settlement price of the contract relied on bids placed on the futures exchange during a 15-minute “settlement window” each day, before the close of trading, according to the complaint. The firm artificially increased the value of its position by “banging the close,” making bids within the settlement window and then canceling them so transactions weren’t completed, the CFTC said.”

–>Cancelling orders? oooh
NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
This entry was posted in Quant Analytics and tagged , , , , , on by .

About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at