Tag: CFTC

Mizuho Bank has settled charges with the CFTC after one of its traders carried out spoofing in US Treasury and Eurodollar futures markets.

The charges against Bank of America marks the ninth CFTC enforcement action against major investment banks related to ISDAFIX rigging.

NEX Group subsidiary Intercapital Capital Markets was found to have helped bank clients manipulate the USD ISDAFIX benchmark.

NatWest Markets will pay $750,000 to settle charges after the CFTC found it had misreported hundreds of thousands of swaps transactions.

Christopher Giancarlo, head of the CFTC, has long-been a critic of swaps trading rules in the US.

BNP Paribas was found to have made false reports and attempted to rig the USD ISDAFIX over a five-year period.

The CFTC found that R.J O’Brien failed to detect and prohibit a post-trade allocation scheme run by one its clients.

Christopher Giancarlo makes the case against the unethical nature of derivatives products after scathing statement from Pope Francis in May.

Traders at JP Morgan allegedly traded at the 11.00am fixing time to manipulate the USD ISDAFIX interest rate swaps benchmark.

Greenwich Associates lays out potential benefits to ease of restrictions on swaps trading and SEFs in the US.