StoneX Financial Inc will have to pay a fine for violating CME rules concerning reporting of large positions. The relevant notice of summary action was posted today by CME.
During the month of March 2023, StoneX Financial inaccurately reported its large trader positions and submitted position adjustments after the prescribed deadline in several instances of CME contracts, in violation of Rule 561.
During the same month, StoneX Financial inaccurately reported its open interest in several instance of CME futures contracts.
Pursuant to Rule 512, a fine in the amount of $3,500 was collectively assessed against StoneX Financial, Inc. for its violations of Rules 561 and 811, as follows: CME Rule 561…
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