Citigroup Global Markets was ordered to pay $25 million by US regulators over alleged supervision failings and five traders who used spoofing tactics in US Treasury futures markets.
The US Commodity Futures Trading Commission ordered Citigroup to pay to settle charges that five of its traders made more than 2,500 buy and sell orders between July 2011 and December 2012 with the intent of cancelling before the execution of the trades.