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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRegulators are reportedly zeroing in on suspicious trades ahead of market-moving Trump post
Story by Yun Li 2h 2 min read
Regulators are examining a handful of unusual oil futures trades that took place minutes before a surprise announcement by President Trump last month, according to Bloomberg News.
The investigation is spearheaded by the Commodity Futures Trading Commission, which is scrutinizing activity on trading venues run by CME Group and Intercontinental Exchange.
The probe is zeroing in on at least two instances over a roughly two-week period when trading volumes jumped sharply just ahead of key White House news.
U.S. derivatives regulators are examining a handful of unusual oil futures trades that took place minutes before a surprise announcement by President Donald Trump signaling a pause in attacks on Iran, according to Bloomberg News.
The investigation is being spearheaded by the Commodity Futures Trading Commission, which is scrutinizing activity on trading venues run by CME Group and Intercontinental Exchange, Bloomberg reported, citing people familiar with the matter. Both exchanges have been asked to turn over pertinent records.
More: https://www.msn.com/en-us/money/markets/regulators-are-reportedly-zeroing-in-on-suspicious-trades-ahead-of-market-moving-trump-post/ar-AA20YJHC?ocid=msedgdhp&pc=HCTS&cvid=69dff8c4d2054b708f931b9df7ca3d08&ei=10