CTC LLC has agreed to pay a effective of $15,000 as part of a settlement masking alleged violations of Cboe Trade guidelines.
Throughout in or about December 2022 via in or about February 2023 (the “Assessment Interval”), the agency did not report 56 transactions executed on the ground inside 90 seconds after execution.
Additionally, through the Assessment Interval, the agency failed to ascertain, keep, and implement written supervisory procedures (WSPs), and a system for making use of such procedures, moderately designed to stop and detect violations of relevant Trade guidelines that require transactions be reported to the Trade inside 90 seconds of the execution.
On high of the $15,000 effective, the agency has agreed to a censure.
