Merrill Lynch (Australia) Futures Limited ("MLAF”) penalised by ASIC
Australia
- 09/12/2017
- Fine
- 60,000.00
- Australian Securities and Investments Commission
Detail
The ASIC Market Integrity Rules (ASX 24 Market) 2010 requires market participants to demonstrate prudent risk management procedures in relation to their futures trading, including to set and document appropriate order limits and maximum price change limits.
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