CME fines, suspends trader for engaging in disruptive practices
Kim Junyeong entered orders in Soybean Oil and Corn futures markets with the intent, at the time of order entry, to cancel the orders before execution.
Kim Junyeong entered orders in Soybean Oil and Corn futures markets with the intent, at the time of order entry, to cancel the orders before execution.
Robert Leeds will have to serve a three-month suspension from accessing any trading floor owned or controlled by CME Group.
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 Group has imposed a fine of $50,000 on Kevin Howard for violating NYMEX rules regarding disruptive practices.