Tag: market manipulation

December 08, 2015 BY Maria Nikolova

Virtu Financial Europe, Euronext Paris get €5M fines in France for market rules violation

The Enforcement Committee of France's financial markets regulator AMF has imposed hefty fines on high frequency trading firm Virtu Financial Europe, formerly known as Madison Tyler Europe, and Euronext Paris. On December 4, 2015, the Committee fined Virtu Financial Europe €5 million ($5.43 million) for market manipulation and ignoring Euronext market rules. Euronext Paris also…

Read more
July 15, 2015 BY Andrew Saks-McLeod

FCA fined firms and individuals over £1bn for market integrity breaches in 2014

"The public expects fair and orderly markets and level playing fields; they expect those operating in the markets and employed by regulated firms to act with integrity and in the consumers’ best interests. This means, it is the obligation and burden of those firms and employees to maintain market confidence" - Simon Appleton, Director of Regulatory Consulting, Kinetic Partners

Read more