CFTC bans spoofing Singapore trader

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By GlobalCapital
05 Jun 2017

The US Commodity and Futures Trading Commission (CFTC) has issued an order filing and settling charges against David Liew for spoofing, attempted manipulation and manipulation in the gold and silver futures markets.

The CFTC found that Liew had deliberately spoofed the silver and gold futures markets from at least December 2009 through to February 2012.

At the time of the offences Liew was, according to the CFTC, working for "Financial Institution 1".

The illegal transactions were conducted through ...

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