CME Group said on Monday that she fined Tfs Ltdivatives Ltd.
According to a disciplinary notification issued by the stock exchange, violations occurred across various future energy contracts in NYMEX and the difference markets between 6-31 March 2023 and 2-20 June 2023.
TFS derivatives did not recognize and do not deny the results, but accepted the terms of the settlement.
According to the NYMEX Business Committee, TFS has repeatedly reported that Block’s circulation with incorrect implementation times and failed to fulfill the final dates to report these deals to the stock exchange, and the base lost 526.
The base requires accurate reporting in a timely manner of the mass deals, including the time specified to agree on trade in principle.
In addition, TFS was said to have violated the base 432.W by not supervising its employees.
CME said that the committee concluded that the company did not provide sufficient training or guidance on the relevant exchange rules and advisory notifications of the market list, which led to the failure of compliance.
The fine was approved as part of a settlement and was pushed on April 21, 2025.