Sunday, 17 March 2013

Reuters: Business News: U.S. regulators probing high-speed traders for "wash trades"

Reuters: Business News
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U.S. regulators probing high-speed traders for "wash trades"
Mar 18th 2013, 03:16

(Reuters) - U.S. futures regulators are looking into whether high-speed traders indulged in "wash trading," a strategy in which they improperly buy and sell futures contracts without taking a position in the market, the Wall Street Journal reported, citing people familiar with the probes.

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