@TnC2
Silver miner sues JP Morgan for alleged commodity price manipulation
By Imelda Cotton - October 4, 2021
google search should bring it up
Interesting to see where this ends up
Extract...
In September last year
JP Morgan agreed to pay more than US$920 million (A$1.27 billion) to settle the lawsuits – believed to be the largest amount of monetary relief ever imposed by the US Commodity Futures Trading Commission.
Doubters might like to reassess their own understanding of trading tactics and give a little more leeway to those of us who witness similar trading shenanigans and benefit from venting at times
It's also worth noting that the commodity price manipulation mentioned impacts many Australian public and private companies and potentially sends some of them closer to the brink which probably has significant negative consequences for individuals and families
It does seem that many ASX SPs fall victim to unscrupulous trading on an alnost daily basis
ASM SP has obviously been subjected to similar trading tactics that are not officially taught or part of any manual but nonetheless remain part of earning a living for professional traders who demonstrate manipulation tactics to new traders and subordinates and in this manner very much encourage it
It's real and I applaud those of you who highlight similar trading antics to ASIC despite them mostly seeming to consider it part of the trading profession
Digitisation of ASX trading platform and investigation of block chain technology (yes the ASX has undertaken this for a few years now) should provide easy access to evidence - yet somehow the spoofing and other obvious manipulation is glossed over by ASIC it seems and therefor flourishes
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