02/11/18

Feds Crack Down On Traders "Spoofing" To Manipulate Prices Amid Record Number Of Cases



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Feds Crack Down On Traders "Spoofing" To Manipulate Prices Amid Record Number Of Cases
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Federal regulators with the Commodity Futures Trading Commission (CFTC) are ramping up efforts to bust traders using a tactic known as "spoofing" to manipulate market prices, reports the Wall Street Journal, citing enforcement officials. 

Earlier this year, the CFTC began receiving daily sets of market data from the world's largest futures exchange - the CME Group, which handles around 85% of all futures trading by volume. 

Thanks to the data sharing ....

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