Citi fined $25 million for spoofing US treasury futures
Citi caught spoofing orders in US treasury and swaps markets after CME inquired about suspicious trades.
Citi caught spoofing orders in US treasury and swaps markets after CME inquired about suspicious trades.
FINRA looks to SEC for more authority to stop spoofing and layering quickly.
Navinder Sarao’s plea bargain means he now faces two charges and up to 30 years in prison.