United States:
FCM Settles NFA Charges For Failing To Adjust Orders Affected By Trading Platform Malfunction
13 August 2019
Cadwalader, Wickersham & Taft LLP
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A futures commission merchant and retail forex dealer settled NFA charges for failing to compensate
retail forex customers whose orders were adversely affected by an
ongoing malfunction in the firm's electronic trading
platform.
To settle the charges, Gain Capital Group LLC agreed to pay a
$50,000 fine.
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