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Louis Solomons
Member since May 2012
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has posted a comment on the article :
>Two traders fined over gold spoofing - Chris Powell - GATA
How is this different from high frequency trading?

Commented 2940 days ago
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Beginning of the headline :A US financial regulator has slapped two more traders with fines in a widening crackdown on "spoofing," a form of market trickery. The traders, Heet Khara and Nasim Salim of the United Arab Emirates, were each ordered to pay more than $1.3 million in civil penalties to settle charges that they spoofed New York gold and and silver futures markets, the Commodity Futures Trading Commission said. Spoofing -- rapidly placing and cancelling orders to mislead others into buying higher or selling lower... Read More
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