Part 3 of the REMIT series
The second part of our series covering the Market Abuse risks caused by communications and how they might affect REMIT compliance
The first of a series of articles, by SME Michael Rabinowitz. The series will discuss practices such as wash trades, spoofing, layering, and insider trading - all of which are banned under REMIT regulation designed to stop market manipulation attempts and bar insider trading
You don’t need to be a futurist to guess how this is going to play out. When over a million licensed traders simultaneously shifted overnight from trading billions of dollars within secured offices to trading from their kitchens and bedrooms, the situation created countless opportunities for market abuse. And chaos in the markets.