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China freezes Citadel's account in stock speculation probe

Investigation is focused on spoofing, a practice that involves placing then cancelling orders to move prices
Tuesday, August 4, 2015 - 05:50

Hong Kong

CITADEL Securities, the trading firm started by Ken Griffin, owns one of the 34 accounts frozen by Chinese exchanges as the authorities investigate whether algorithmic traders are disrupting the nation's stock market.

Bourses in Shanghai and Shenzhen have increased the

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