Disruptive Trading, Block Trades, Customer Protection, NDF Clearing, MF Global | Stockbroker | Scoop.it
ICE Futures U.S.’s proposed new rule not only prohibits its own expressly enumerated disruptive trading practices, but “any other manipulative or disruptive trading practices” prohibited under the Commodity Exchange Act or by the Commodity Futures Trading Commission. This likely captures not only the express provisions of the CEA that address disruptive trading practices, but may also capture the prohibitions of the very broad CFTC Rule 180.1 that precludes manipulative and deceptive devices, as well as traditonal proscrptions against manipulation.