Citadel Securities joins Fenics GO electronic trading platform

Citadel Securities joins IMC, Maven Securities and Optiver in providing committed two-way liquidity in Eurex listed Euro Stoxx 50 Index Options and related Delta 1 strategies through the Fenics GO platform. Fenics GO, a division within international brokerage and fintech company BGC Partners (NASDAQ:BGCP), today announces that global market maker Citadel Securities has joined its electronic

Australian trader accused of spoofing secures continuance in civil lawsuit

The hearing in a CFTC action against Jiongsheng (“Jim”) Zhao gets rescheduled until March 2020. Jiongsheng (“Jim”) Zhao, an Australian trader accused of engaging in an illicit trading practice known as “spoofing”, has secured another continuance in the civil lawsuit brought by the United States Commodity Futures Trading Commission (CFTC) against him. Earlier today, the

CFTC responds to arguments by TFS-ICAP’S CEO Ian Dibb in fraud case

The regulator argues that brokers at TFS-ICAP routinely reported fake, non-bona fide FX Options transactions on TFS-ICAP’s electronic trading platform. The action brought by the Commodity Futures Trading Commission (CFTC) against TFS-ICAP, the Chief Executive Officer, Ian Dibb, and the Head of Emerging Markets broking, Jeremy Woolfenden, continues at the New York Southern District Court.