Interactive Brokers gets a slap on the wrist for violating CME rules

Electronic trading major Interactive Brokers LLC will have to pay a small fine for violating CME rules. This becomes clear from a notice published by CME today.

The violated rule is:

Rule 576. IDENTIFICATION OF GLOBEX TERMINAL OPERATORS

Each Globex terminal operator shall be identified to the Exchange, in the manner prescribed by the Exchange, and shall be subject to Exchange rules. If user IDs are required to be registered with the Exchange, it is the duty of the clearing member to ensure that registration is current and accurate at all times. Each individual must use a unique user ID to access Globex. In no event may a person enter an order or permit the entry of an order by an individual using a user ID other than the individual’s own unique user ID.

During the periods of August and September 2021, Interactive Brokers LLC violated Rule 576 by submitting default Operator IDs that represented multiple individuals.

Accordingly, Interactive Brokers LLC was issued a $2,000 fine for its violations of Rule 576.

The effective date of the notice is February 11, 2022.

7 Replies to “Interactive Brokers gets a slap on the wrist for violating CME rules”

  1. Very nice post. I just stumbled upon your blog and wanted to say that I’ve really enjoyed browsing your blog posts. In any case I’ll be subscribing to your feed and I hope you write again soon!

  2. CellSpy mobile phone monitoring software is a very safe and complete tool, it is the best choice for effective monitoring of mobile phones. App can monitor various types of messages, such as SMS, email, and instant messaging chat applications such as Snapchat, Facebook, Viber, and Skype. You can view all the contents of the target device: GPS location, photos, videos and browsing history, keyboard input, etc. https://www.xtmove.com/how-to-see-what-someone-is-doing-on-their-phone-without-them-knowing/

  3. Você também pode personalizar o monitoramento de determinados aplicativos, e ele começará imediatamente a capturar instantâneos da tela do telefone periodicamente.

Leave a Reply

Your email address will not be published. Required fields are marked *