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The lead attorney of the Commodity Futures Trading Commission (CFTC), Ashley Burden, admitted he was “careless and sloppy” during the investigation in its lawsuit against the proprietary trading platform My Forex Funds and its CEO, Murtuza Kazmi, according to recent court filings by both the regualtor and the prop trading firm. Burden’s admission came ...
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US rates are running a tad scared ahead of Wednesday’s CPI report. And it’s a week of high duration supply to boot. We’re still eyeing lower yields, but this week is pushing against that. Implied volatility of EUR rate markets suggests that near-term risks have fallen. Having said that, going into 2025 we see plenty of risks that can trigger strong rate ...
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