CME Group fines TD Bank for alleged violation of wash trades prohibition
International derivatives marketplace CME Group today posted a notice of disciplinary action against The Toronto-Dominion Bank.
International derivatives marketplace CME Group today posted a notice of disciplinary action against The Toronto-Dominion Bank.
TD Bank originally acquired the stake as part of Schwab’s 2020 acquisition of TD Ameritrade, TD’s online brokerage arm.
TD Bank will contribute axes, or pre-trade indications of interest, to LTX’s Liquidity Cloud and utilize LTX’s RFQ+ protocol.