futures contracts Archives - The Industry Spread

Two Individuals Convicted of Fraud In the Trading of Futures Contracts and Furnishing False Statements to SGX-DT

October 11, 2019

Mr Jimmy Ng Kian Bin (Mr Jimmy Ng) and Mr Erik Ng Song Hann (Mr Erik Ng) were today convicted and sentenced to 16 weeks’ and 4 weeks’ imprisonment respectively for fraud and dishonest conduct in relation to the trading of futures contracts. Their convictions were a result of a joint investigation conducted by the Monetary Authority of Singapore (MAS) and the Commercial Affairs Department of the Singapore Police Force. The case was referred to MAS by Singapore Exchange Derivatives Trading Limited (SGX-DT).

Record Number of Spoofing Cases Examined

November 18, 2018

Big fraud allegations often mean big settlements will follow. But the settlements the Commodity Futures Trading Commission reached with former MF Global CEO Jon Corzine in early January and Igor Oystacher and his Chicago firm, 3Red Trading LLC, in December were surprisingly puny.

Exchanges Reports Modest Uptick in Trading Volume in the Month of October 2018

November 2, 2018

Cboe FX, FastMatch and TFX Click reports modest growth in trading volumes in October

BSE Commences Trading in Futures Contracts on Oman Crude Oil in Commodity Derivatives

October 29, 2018

BSE, Asia’s oldest exchange and now the world’s fastest exchange with the speed of 6 microseconds, today commenced trading in futures contracts on Oman Crude Oil in its newly launched commodity derivatives segment.

FX Brokers Starts H2, 2018 in a Soft Note, Lower MoM July ADV Reported Across Brokerages

August 2, 2018

After record forex trading volumes in the first half of 2018, brokerages around the world have started the second half of the year in a soft note, with July trading …

Continue reading “FX Brokers Starts H2, 2018 in a Soft Note, Lower MoM July ADV Reported Across Brokerages”

US DOJ Charges Two Former Deutsche Traders with Spoofing

July 30, 2018

The US Department of Justice announced that two former Deutsche Bank traders have been charged with “manipulative trading practices in the commodities markets.” The US DOJ made the announcement in …

Continue reading “US DOJ Charges Two Former Deutsche Traders with Spoofing”

MAS warns Digital Token Exchanges and ICO Issuer

June 7, 2018

Singapore, 24 May 2018 The Monetary Authority of Singapore (MAS) has warned eight digital token exchanges in Singapore not to facilitate trading in digital tokens that are securities or futures …

Continue reading “MAS warns Digital Token Exchanges and ICO Issuer”

CFCT Busts Commodity Trading Fraud

March 6, 2018

A commodities trading fraudster who used Craig’s List to entice potential clients has been busted by the Commodities Futures Trading Commission (CFTC). The CFTC made the announcement against Lon Olen …

Continue reading “CFCT Busts Commodity Trading Fraud”

Today Featured Articles

Two Individuals Convicted of Fraud In the Trading of Futures Contracts and Furnishing False Statements to SGX-DT

Record Number of Spoofing Cases Examined

Exchanges Reports Modest Uptick in Trading Volume in the Month of October 2018

BSE Commences Trading in Futures Contracts on Oman Crude Oil in Commodity Derivatives

FX Brokers Starts H2, 2018 in a Soft Note, Lower MoM July ADV Reported Across Brokerages

US DOJ Charges Two Former Deutsche Traders with Spoofing

MAS warns Digital Token Exchanges and ICO Issuer

CFCT Busts Commodity Trading Fraud

Newsletter

Featured News

Monetary Policy Statement by Banco de Mexico

Norges Bank is issuing a new 1000-krone banknote

Lower labour shortage could partly explain low wage growth

Quick links