The Traderszone Network

Published in TZ Latest News 3 October, 2014 by The TZ Newswire Staff

High-Frequency Trader Accused of Commodity Market ‘Spoofing’

A high-frequency trader was indicted for “spoofing,” the placing and immediate canceling of orders to manipulate commodities markets, in what the U.S. Justice Department says is the first criminal case of its kind.