Ice Futures US has published a notice of settlement of the ICAP Energy LLC accusations.
On June 11, 2025, an Exchange (BCC) Subcommittee found that in September 2023, ICAP ENERGY LLC may have violated Exchange Rule 4.02 (c) When an employee mediate concerts that allowed offenses to offset the offenses. Wrong block.
BCC also found that in many cases from March 2024 to April 2024, ICAP may have violated the following exchange rules for certain block transactions:
- 4.07 (c) with incorrect reporting of execution times and
- 6.08 (a) (ii), omitting to comply with the order archive requirements.
Finally, the BCC found that ICAP may have violated the Exchange Rule 4.01 (A), failing to supervise the activities of its employees’ commercial trade.
According to the terms of settlement, in which ICAP did not admit or denied the suspected rules, ICAP agreed to pay a currency of $ 50,000.