The Commodity Futures Trading Commission, the top U.S. derivatives regulator, is investigating a series of suspiciously well-timed trades in the oil futures market ahead of point pivots by Donald Trump.
The Commission is leading the probe into trading of oil futures and contracts on platforms belonging to CME Group Inc. and Intercontinental Exchange Inc. Both exchanges were asked to hand over data.
The CFTC is looking into at least two instances over a period of two weeks where trading volumes surged shortly before major Trump announcements. Data requested from the exchanges include the so-called Tag 50 identifications of the entities behind the trades.
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The Commodity Futures Trading Commission, the top U.S. derivatives regulator, is investigating a series of suspiciously well-timed trades in the oil futures market ahead of point pivots by Donald Trump.
The Commission is leading the probe into trading of oil futures and contracts on platforms belonging to CME Group Inc. and Intercontinental Exchange Inc. Both exchanges were asked to hand over data.
The CFTC is looking into at least two instances over a period of two weeks where trading volumes surged shortly before major Trump announcements. Data requested from the exchanges include the so-called Tag 50 identifications of the entities behind the trades.