OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
New Lawsuit Alleges Advantage Futures Conspiracy
A newly filed lawsuit suggests the clearinghouse for 3 Red Trading was more heavily involved in perpetuating and covering up widespread spoofing at the proprietary trading firm than previously thought. Advantage Futures is a futures…
Oystacher’s Legal Dream Team Vs. CFTC
Igor Oystacher had a dream legal team in his battle with the Commodities Futures Trading Commission (CFTC) which might make the original dream team blush. According to the docket from his case, where Oystacher was…
Johnson Forced to Reveal FBI, CFTC, and Media…
A Chicago judge forced Edwin Johnson to disclose to Igor Oystacher details of his meeting with regulators and law enforcement. That was the shocking revelation in a public document which has until now not seen…
Major Trading Player Pushed Out By 3 Red…
A major player in the trading world curtailed its trading of a major index in response to widespread spoofing by 3 Red Trading. Richard May, who has been with Citadel Trading since 2004, made the…
3 Red Trading Cited Numerous Times on Multiple…
Before the Commodities Futures Trading Commission fined 3 Red Trading and its Chief Executive Officer for spoofing in 2016, the company and its CEO were fined by four governing bodies on two continents for the…
CFTC Did Not Protect Whistle-blower in 3 Red…
The role of the Commodities Futures Trading Commission (CFTC) in protecting whistleblowers is in question in light of a recently discovered filing. According to the CFTC’s most recent report on whistleblowing activity submitted in October…
3Red Trading Engaged in Whistle-blower Retaliation
After widespread spoofing was uncovered by an employee at 3 Red Trading, the Chief Executive Officer engaged in cutthroat whistleblower retaliation. That is the allegation made in a recently discovered Motion to Dismiss in lawsuit…
CME Disciplinary Action Raises Eyebrows
A recent CME disciplinary citation is noteworthy for what was missing and raises the specter that the exchange is playing favorites. On December 21, 2017, the CME Group issued a disciplinary action against a trader,…