Citi fined $25 million for spoofing US treasury futures
Citi caught spoofing orders in US treasury and swaps markets after CME inquired about suspicious trades.
Regulation
JP Morgan sued for paying female tech staff less than male equivalents
From 2012, JP Morgan paid 93 female employees less than male employees with the same job role.
Acting CFTC chairman targets swaps regulation overhaul
Acting chairman Chris Giancarlo has targeted swaps execution and variation margin rules as part of his regulatory overhaul.
The BIG Interview: FIA
The TRADE speaks to the Futures Industry Association (FIA) head of Europe Simon Puleston Jones on the current state of the clearing industry, MiFID II, and the impact of Brexit.
ESMA calls for wider MiFID II scope
ESMA says there could be consequences to excluding certain fund management companies from the scope of MiFIR powers.
JP Morgan slapped with $900k fine for overcharging clients
Clients were overcharged $7.8 million for clearing and exchange services, according to the CFTC.
US derivatives market will trump post-Brexit Europe
With Europe's derivatives clearing landscape unclear following the UK Referendum, the US market could be the next destination for business.
Half of buy-side undecided on how to pay for research ahead of MiFID II
RSRCHXchange survey finds industry remains unsure over how to pay for research.
London should brace for tough clearing equivalence conditions
CFTC’s Timothy Massad outlines the challenges the UK faces ahead of clearing equivalence negotiations after Brexit.
Ex-JP Morgan, Barclays and Citi traders charged with FX price fixing
Trading ‘Cartel’ charged with rigging FX spot market face up to 10 years in prison.