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CME fines Hartree Partners Power & Gas Company (UK) for NYMEX rule violations
International derivatives marketplace CME Group has posted a notice of disciplinary action against Hartree Partners Power & Gas Company (UK) Limited. Pursuant to an offer of settlement in which Hartree Partners Power & Gas Company (UK) Limited neither admitted nor denied the rule violation or factual findings upon which the penalty is based, a Panel of the NYMEX Business Conduct Committee found that on April 1, 2022, Hartree simultaneously negotiated the purchase and sale of December 2022 CBL Nature-Based Global Emissions Offset Futures in separate block trades opposite a single counterparty. Hartree ... (full story)