CME's Duffy: We Don't Allow Spoofing on Our Exchange

The video discusses the issue of spoofing in trading exchanges, emphasizing that spoofing is not allowed and detailing the regulatory measures in place to prevent it. The speaker highlights the importance of maintaining credibility in the marketplace and the challenges posed by bad actors. Technological advancements have enabled better detection and prevention of inappropriate activities, ensuring the integrity of trading practices.

What is the primary reason the exchange does not support spoofing?

• It is a new trading technique.

• It is a legal trading strategy.

• It enhances market volatility.

• It undermines market integrity.

What is the exchange's stance on the credibility of its marketplace?

• It is only important for new traders.

• It is not a concern.

• It is secondary to profits.

• It is of utmost importance.

What challenge does the exchange face in preventing inappropriate trading activities?

• Lack of technology.

• Insufficient regulations.

• Presence of bad actors.

• High trading fees.

How has the exchange improved its ability to detect spoofing?

• By developing new software.

• By increasing transaction fees.

• By hiring more traders.

• By reducing trading hours.

Why does the exchange avoid disclosing specific detection methods?

• To maintain a competitive edge.

• To avoid legal issues.

• To prevent bad actors from adapting.

• To keep them secret from competitors.