CME Group Inc.
That practice, they argue, not only denied CME’s customers the priority they paid for, but gave high-frequency traders an unfair advantage. The complaint seeks class action status for CME’s clients.
CME Group Inc., the world’s largest futures and derivatives market, has come under fire for its recent lawsuit against the U.S. Commodity Futures Trading Commission, which it filed in an effort to block the implementation of certain Dodd-Frank reporting requirements.
MF Global’s tumultuous quest to recover lost customer money hit another obstacle Friday when Illinois-based Highridge Futures Fund reported its entire $50 million account with the defunct firm missing.