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/1TMUcVqFACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!