Tag Archives: spoof trader

First spoof trader busted by CME?

First spoof trader busted by CME?

Is this the first time you have heard of this? This is common with HFT shops.

CME Group Inc. fined a trader, James Groth, $55,000 and suspended him for 10 days for spoofing, a form of market manipulation that’s received a flood of recent attention because of allegations it helped spur the 2010 flash crash.

To read the entire article, go to http://bloom.bg/1TMUcVq

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