Commodity firms aim to tighten up on spoofing

Citigroup fine and CFTC comments put market on alert

Citigroup was fined $25 million for spoofing by the US Commodity Futures Trading Commission (CFTC) in January. Since then, the commission has made it clear it will be monitoring markets carefully for further instances of manipulation.

Lawyers, and technology firms that create software to detect instances of spoofing for commodities market participants, have subsequently witnessed a surge of inquiries into what they can do to detect and mitigate actions considered to be violations of the CFTC’s

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: