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Retail investor given community services order for false trading | Manipulation mania
SFC, 30-Dec-2010
Another misguided prosecution of what others would call algorithmic trading. Nobody had to buy the warrants at the price Mr Chiu offered, or sell them at the price he bid, and all his bids and offers were binding. There's nothing false about it. For more, see our article "Manipulation Mania" at the second link.
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