Tag Archives: wash sales

MGEX EDF Man Wash Trade Fine

On Feb. 24, MGEX fined E D & F Man $25k for use of wash trades. E D & F Man Capital Markets were charged for conducting internal exercises and assignments on Hard Red Spring Wheat options that were not reported to MGEX. Breach rule 2.1.6 supervision, 743.00 prohibition on accommodation/wash trade. Allegations Thus, MGEX…
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