North American Derivatives Exchange (Nadex), a subsidiary of IG Group Holdings plc (LON:IGG), has banned another of its trading members over provision of false and misleading information. The disciplinary action was announced earlier this week via a notice on Nadex’s website. As a result of non-compliance with Nadex Rules, Pengfei Gui has been fined $1,750. Additionally, his membership has been revoked and he has been permanently banned from trading on the Nadex markets by any means. Pengfei Gui has been found to have breached Nadex Rule 5.19(k). The rule states: No Person shall intentionally provide misleading, ... (full story)