Tag Archives: cancellation

High Frequency Trader “Spoofs” and “Layers” his Way to Penalties from U.S and British Regulators

On July 22, 2013, regulators from the United States Commodity Futures Trading Commission (CFTC) and the British Financial Conduct Authority (FCA) fined high frequency trader Michael Coscia (and his firm Panther Energy Trading) for engaging in spoofing transactions for the … Continue reading

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