Article: Watchdog bans City of London trader for ‘wash trading’

Article - Media, Publications

Watchdog bans City of London trader for ‘wash trading’

Hannah Godfrey, 04 March 2021

The city watchdog has banned ex-City of London trader Adrian Geoffrey Horn after he engaged in ‘wash trading’, a form of market abuse.

Horn, who worked as a market making trader at Cheapside-based Stifel Nicolaus Europe, was fined £52,000 by the Financial Conduct Authority (FCA) and banned for carrying out any regulated work in the future. Continue reading “Article: Watchdog bans City of London trader for ‘wash trading’”

Article: FCA Fines Ex-Stifel Nicolaus Trader For Misleading Market

Article - Media, Publications

FCA Fines Ex-Stifel Nicolaus Trader For Misleading Market

Najiyya Budaly, 04 March 2021

The Financial Conduct Authority said Thursday it has fined a former Stifel Nicolaus trader and banned him from regulated activities for executing 129 so-called wash trades that misled the market about demand for his client’s shares.

The City watchdog said it has fined Adrian Geoffrey Horn £52,500 ($73,302) for market abuse and banned him indefinitely from performing any function related to a regulated activity. Horn was a former market making trader at Stifel Nicolaus Europe Ltd., which meant that he both bought and sold securities. Continue reading “Article: FCA Fines Ex-Stifel Nicolaus Trader For Misleading Market”

Tip: Market Makers (aka Naked Short Sellers) To Watch Out For

Tip

Most aggressive in bold.

  • Alpine Securities Corporation
  • Alternative Execution Group
  • Ascendiant Capital Markets LLC
  • Biltmore International Corporation
  • BMA Securities
  • BTIG LLC
  • Buckman, Buckman & Reid, Inc.
  • CRT Capital Group LLC
  • D. A. Davidson & Co.
  • Delaney Equity Group LLC
  • Dinosaur Financial Group LLC
  • Fig Partners LLC
  • Glendale Securities Inc.
  • GMP Securities LLC
  • Intl Fcstone Financial Inc.
  • Keefe, Bruyette & Woods, Inc.
  • Maxim Group LLC
  • Monroe Financial Partners Inc.
  • Puma Capital LLC
  • Rafferty Capital Markets LLC
  • Raymond James & Associates Inc.
  • R. F. Lafferty & Co. Inc.
  • Spartan Securities Group LLC
  • Stifel, Nicolaus & Company, Incorporated
  • Stockcross Financial Services, Inc.
  • The Vertical Trading Group LLC
  • Tradition Asiel Securities Inc.
  • T.R. Winston & Company LLC
  • Vandham Securities Corporation
  • Vfinance Investments, Inc.
  • Wall Street Access
  • Wedbush Securities Inc.
  • Wilson-Davis & Co. Inc.