Pei must pay a fine in the amount of $75,000, and is permanently suspended from access to any trading floor owned or controlled by CME Group.
GFI Securities Limited has agreed to pay a $55,000 fine for alleged violations of CME and NYMEX rules.
On 26 occasions in May 2023, Oil Brokerage Limited did not report block trades timely to the Exchange.
Jun-Ming Lai entered orders in the June 2020 COMEX Gold futures markets with the intent, at the time of order entry, to cancel the orders to avoid execution.
Tullett Prebon (Europe) Ltd neither admitted nor denied the rule violations or factual allegations upon which the penalty is based.
In accordance with the settlement offer, the Panel ordered Millennium Management LLC to pay a $90,000 fine.
In accordance with the settlement offer, the Panel ordered Challenger to pay a fine to the Exchange in the amount of $60,000.
In accordance with the settlement offer, NYMEX Panel ordered Citadel to pay a fine to the Exchange in the amount of $20,000.
In accordance with the settlement offer, the NYMEX Business Conduct Committee ordered Clarksons to pay a $60,000 fine.
Virtu Americas LLC (VAL) has agreed to pay a $75,000 fine in line with its offer of settlement with CME Group.