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CME Bans Trader over Disruptive Act in FX Futures Market

Chicago-based derivatives marketplace operator, CME Group, has slammed a $60,000 fine on Lei Shu and permanently suspended the trader from its trading floors. The firm found Shu guilty of engaging in disruptive practices in its FX futures markets, thereby contravening its rules.Trader Violates Rule in FX Futures MarketsAccording to CME Group, between March 2 and October 8, 2021, Shu layered orders near the top of the book in various foreign exchange futures markets, including Australian dollar f... Read More

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Bans

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Disruptive

Futures

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Forex

Posted: May 19 2023, 13:04

Author Name: financemagnates

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