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Saturday, 01/28/2023 12:34:00 PM

Saturday, January 28, 2023 12:34:00 PM

Post# of 183551
S.Korea fines Citadel Securities $10M for stock algorithm trading breaches

These guys are the biggest crooks in trading including Wall Street.

SEOUL, Jan 27 (Reuters) - South Korea's financial regulator has imposed a fine of 11.88 billion won ($9.66 million) on U.S.-based Citadel Securities, saying it disturbed the local stock market with high-frequency algorithm trading.

Reporting by Jihoon Lee; Editing by Lincoln Feast.