Mirae Asset will pay $700,000 to settle charges against Daewoo Securities, which it acquired in April 2016 — after the spoofing conduct at issue occurred.
January 15, 2020The former proprietary trading firm director furnished a false statement to SGX Derivatives Trading with the intent of deceiving it about trading activities in futures contracts.
November 29, 2019Two former directors of proprietary trading company Joerik Financial were jailed for fraud and dishonest conduct in relation to the trading of futures contracts.
October 8, 2019KRX found that over an eight-month period, Merrill Lynch's Seoul branch engaged in 6,220 high-frequency trades on behalf of a foreign hedge fund.
July 17, 2019In a MAS-CAD joint investigation, three individuals are being charged for allegedly spoofing SGX-MSCI index futures and giving false statements to SGX.
March 28, 2019A trader placed multiple large orders on CME and CBOT futures contracts from Mizuho's Singapore office with no intention of executing them.
September 25, 2018HSBC’s US securities operations agree to pay $1.8bn after CFTC allegations it was involved in ‘numerous acts of spoofing’.
January 31, 2018More than half of abnormal transactions which require disciplinary action by futures exchange involve the frequent placing and cancellation of orders.
September 18, 2017SESC suggests unit be fined $1.9mn for market manipulation including placing orders without intent to trade.
December 7, 2016Exchange issues Trade Surveillance Handbook covering spoofing, layering and marking the close.
September 29, 2016