Another Bank Caught Rigging the Game
Banking
20th November 2021
Reported by Reuters (so it must be true) on the 20th November 2021, JPMorgan Chase & Co have agreed to settle a class-action lawsuit worth $60,000,000 for “spoofing” in the precious metals futures and options markets. Spoofing in this instance is where traders place orders they intend to cancel in order to manipulate market prices […]