Virtu Financial Europe, Euronext Paris get €5M fines in France for market rules violation LeapRate

December 08, 2015 BY Maria Nikolova

Virtu Financial Europe, Euronext Paris get €5M fines in France for market rules violation

The Enforcement Committee of France's financial markets regulator AMF has imposed hefty fines on high frequency trading firm Virtu Financial Europe, formerly known as Madison Tyler Europe, and Euronext Paris. On December 4, 2015, the Committee fined Virtu Financial Europe €5 million ($5.43 million) for market manipulation and ignoring Euronext market rules. Euronext Paris also…

July 31, 2015 BY Maria Nikolova

BATS proposes Client Suspension Rule for swifter action against market manipulation

The company has filed a new rule with the Securities and Exchange Commission, in order to be allowed to take faster action against traders engaged in practices like spoofing and layering.

July 15, 2015 BY Andrew Saks-McLeod

FCA fined firms and individuals over £1bn for market integrity breaches in 2014

"The public expects fair and orderly markets and level playing fields; they expect those operating in the markets and employed by regulated firms to act with integrity and in the consumers’ best interests. This means, it is the obligation and burden of those firms and employees to maintain market confidence" - Simon Appleton, Director of Regulatory Consulting, Kinetic Partners

June 18, 2015 BY Maria Nikolova

FMA imposes fine of NZ$1.5m on Milford Asset Management for market manipulation

The conduct of one of the traders employed at the firm breached the market manipulation prohibitions stated in the Securities Markets Act 1988.

Tag: market manipulation