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Disciplinary action against Wing Fung Futures Ltd
Chicago Mercantile Exchange, 18-Jul-2024
For betting against the orders of "regularly unprofitable" clients. Of course, that pre-supposes that clients can in fact be consistently unprofitable - in which case all they have to do is reverse the strategy - they have found a signal in the noise, but are betting in the wrong direction. In settling, Wing Fung neither denies nor admits liability.
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