January 22, 2020 BY Steffy Bogdanova
Propex Derivatives Pty Ltd caught spoofing, agrees to pay $1 million
Commodity Futures Trading Commission (CFTC) issued an order for $1 million against Propex Derivatives Pty Ltd (Propex), Australia-based proprietary trading firm, implicated in a spoofing scheme. The company was involved in unlawful trading activities on the U.S. commodities market through former trader in the period of July 2012 to March 2017. Propex agreed to pay…
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