US presidential debate recap, EY’s Wirecard warning, JPMorgan spoofing settlement
FT News Briefing
00:00
Understanding Spoofing: Market Manipulation and Its Consequences
This chapter explores the deceptive practice of spoofing in financial markets, where traders manipulate prices through strategic order placements. It examines JPMorgan Chase's significant admission of guilt, the resulting record settlement, and the increasing prevalence of spoofing driven by regulatory changes and technological advances.
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Transcript
