Nov 12, 2015 02:55 PM

Futures Trader Faces Scrutiny over Gains from High-Frequency Trading

By staff reporters Zhang Yu, Yue Yue, Liu Caiping and Wu Hongyuran

(Beijing) – A foreign-funded trading company is being scrutinized by police in China over allegations it manipulated the futures market to pocket 2 billion yuan in illicit gains. The official Xinhua News Agency reported on November 1 that police in Shanghai have launched investigation into suspected irregular transactions by Yishidun International Trade Co.

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