Goldman Sachs Fined by ICE Exchange for ‘Disorderly’ Trading
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Goldman Sachs Group Inc. was fined 25,000 pounds ($40,000) by the ICE Futures Europe exchange for “disorderly” oil trading, the London-based exchange said.
An ICE committee that investigated the trades “found no evidence of intentional manipulation of the market; nevertheless it considered the breach to be of a serious nature,” ICE said in a circular on its website dated June 17.