What Constitutes Manipulation in the Commodity Markets? We're Still Waiting for an Answer
The Commodity Exchange Act in broad terms prohibits the use of any manipulative or deceptive device or scheme in connection with the...
The Future of Cryptocurrency Futures Regulation
Add the chairman of the largest electronic brokerage firm in the U.S. to the list of Cassandras warning us of the perils posed by the...
The CFTC (Still) Wants Your Intellectual Property
George E.P. Box, the internationally renowned mathematician and statistician, once said, “Essentially, all models are wrong, but some are...
High Speed Trading Redux
It’s now been about a year since the furor following publication of Michael Lewis’s book Flash Boys: A Wall Street Revolt died down, and...
Intrade No More
At the International Exhibit of 1884 in London, Sir Francis Galton’s curiosity was piqued by a weight-judging competition, in which...
Banging the Close in the Oil Markets
“Banging the close” is a practice in which traders place a large volume of orders just before the close of an exchange. The practice,...