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CME fines GFI Securities for violation of block trade rules

Under the terms of a settlement proposed by GFI Securities, it will have to pay a fine to CME in the amount of $75,000.

CME Group has imposed fines of up to $55,000 and has suspended for several years a number of traders who engaged in prohibited disruptive practices.

CME has imposed a set of fines on trading floor participants for failure to comply with social distancing rules.