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Flash-crash trader helps US in fight against market abuse; Justice Department Charges Eight Traders With Deceptive Futures Market Trading; Decade of Easy Cash Turns Bond Market Upside Down John Lothian Newsletter,Newsletter

Flash Crash

First Read Turn Yourself In, It’ll Be Easier: Bank Cooperation On Spoofing Charges Saves Millions Jim Kharouf – JLN Over the past several months, there has been a fair amount of talk about the Commodity Futures Trading Commission’s push on the so-called “self-reporting” initiative launched last September and aimed at taking it easier on firms that come forward with wrongdoing. Yesterday’s announced spoofing charges and fines include one of the first such self-reporting cases, with HSBC Securities settling for $1.6 million, Deutsche Bank for $30 million and UBS for $15 million. For the rest of the commentary, click HERE ++++…

You Look Mahvelous Dahling: “Mad Men” Ready To Walk The Exchange Red Carpet With Nasdaq Blog,Feature

Fintech and regtech are firmly entrenched in the financial industry’s lexicon —  if a new exchange has its way, “adtech” will be the next addition. The New York Interactive Advertising Exchange (NYIAX) plans to offer a guaranteed contract for digital advertising space on Nasdaq’s latest blockchain-enabled technology platform in Q4. “The advertising world is … becoming more sophisticated with how it buys and sells inventory and there are a lot of challenges around trust and transparency — knowing the counterparties,” NYIAX co-founder Graham Mosley said.  “There are a bunch of issues in the advertising world that [NYIAX] could potentially solve.”…