dual trading
- When a floor broker makes trades for both their own account or an account they have an interest in and for customer orders on the same day, or when a futures commission merchant holds customer accounts and allows employees to trade in accounts with a proprietary interest on the same day
- The broker was accused of dual trading after he executed customer orders and made trades on his own account on the same day.
- The brokerage firm was investigated for potential dual trading when it was discovered that employees were making trades in accounts they held a proprietary interest in and managing customer accounts on the same day.
- An audit determined that the futures commission merchant was in violation of regulations due to dual trading.
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