China Arrests Three High Frequency Traders For “Destabilizing The Market And Profiting From Volatility”…(Not In AmeriKa!!)

by Tyler Durden
ZeroHedge.com
11/02/2015

As the crackdown against Zexi was taking place, Shanghai police also arrested 3 suspects as they cracked a case of stock futures price manipulation involving over 11.3 billion yuan (US$1.8 billion), police said yesterday in a statement. According to Shanghai Daily, Yishidun, a commercial company registered in Jiangsu Province’s Zhangjiagang City in 2012, was found to use an illegal stock futures trading software to destabilize the market and profit from volatility.

The Rest…HERE

This entry was posted on Monday, November 2nd, 2015 at 10:54 am and is filed under China, Conspiracy, Corruption, Economics, Technology. You can follow any responses to this entry through the RSS 2.0 feed.