Merc has moved to clamp down on techniques used by high-speed traders
CME Group introduced on Monday new rules that prohibit
certain disruptive trading practices, marking the latest move
in the US to clamp down on high-frequency traders.
The rules ban certain strategies such as "spoofing" on all
of the CME’s derivatives platforms.
An advisory notice from the Merc seen by FOW said it shall
be 'unlawful’ to engage in practices that
"demonstrate intentional or reckless disregard for the orderly
execution of transactions during the closing period …
commonly known to the trade as spoofing".
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