“I know how to game this stuff.” “One can definitely manipulate if you’re aggressive.” “If you spoof this it really moves.” These excerpts from online chats among traders and hedge fund managers more than a decade ago played a key role in the Justice Department’s successful prosecution of two Wall Street traders in the latest trial to take on ”spoofing,” a form of market manipulation that was criminalized in the 2010 Dodd-Frank Act.
Mid-range prices of hemp biomass were bobbing in a sea of red in the September PanXchange Hemp: Benchmark & Analysis report, but the exchange said it was standing by its forecast that prices for “quality 2021” biomass will rally after the current harvest.
I have written a letter to the President of the United States about the need for the U.S. Commodity Futures Trading Commission to have a permanent chair named and confirmed. I have suggested that Rostin Behnam, the current acting chairman of the CFTC, should become the permanent chair of the Commission.
Because of the importance of cotton to our nation’s beginnings and all the other commodities it residually drove the production of, the U.S. commodity and related derivatives markets are among the most important in the world. I am writing to you today to urge you to appoint a permanent chairperson of the Commodity Futures Trading Commission.
On Saturday, June 5, President Nayib Bukele of El Salvador announced that he would ask his country’s legislature to declare bitcoin “legal tender” in the country. This statement was part of a pre-recorded presentation to Miami, Florida’s Bitcoin 2021 conference.
The main question batted around at The Washington Outlook panel at the 2021 Options Industry Conference on Wednesday was whether President Joe Biden can realize his hope for bipartisanship on his agenda, given that a large chunk of his new American Families Plan proposal is anathema to Republicans – in particular the proposed tax increases on the wealthy that would pay for much of it.
Andy Busch is the former chief market information officer of the U.S. Commodity Futures Trading Commission. Today he is a consultant, speaker and market analyst offering his unique perspectives and analysis to corporate clients.
Here’s how the presidential election 2020 is unfolding in its final days: A massive early voter turnout is outpacing that of 2016, an estimated 11 million more Democrats than Republicans have requested mail-in ballots, and both President Donald Trump and former Vice...
At the Security Traders Association (STA) 2020 virtual Market Structure Conference Wednesday, Joel Oswald and Chris Wilcox of the D.C. law firm William & Jensen offered their speculations and predictions for the presidential election and the markets in a panel titled “Election 2020: A Crucial Moment.”
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Observations & Insight FIA Tech's Atlantis Ready for More Options Brokers John Lothian - John Lothian News Give-up Settlement and Payment System Improves Efficiency, Speeds up Payments FIA Tech is trying to solve a problem for options brokers with a solution...