Business
Insiders Made $100 Million on China Brokerage Crackdown, Trading Firm Alleges
Mystery traders used advance knowledge of a Chinese brokerage crackdown to make more than $100 million in profit from well-timed options trades, one of the world’s biggest electronic-trading firms alleged in a lawsuit.
Two units of Susquehanna International Group filed the lawsuit in federal court in New York on Monday, naming up to 100 “John Does” as the defendants.
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