Palladium

Reuters reported Moore Capital Management LP paid a $25 million regulatory fine to settle market manipulation claims, won a court dismissal.

Reuters reported Moore Capital Management LP paid a $25 million regulatory fine to settle market manipulation claims, won a court dismissal.

The market news is quoted as saying,

Two co-defendants, former veteran Moore trader Christopher Pia and the brokerage MF Global Ltd , also won the dismissal of claims that they conspired with Moore to fix prices on platinum and palladium futures contracts from Oct. 25, 2007 to June 6, 2008, violating antitrust and racketeering laws.

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MARKETS

Markets
TSX19884.58-73.38
TSXV582.57-7.73
DOW33546.32-7.51
S&P 5003946.56-12.23
NASD11144.96-38.70
ASX7135.70+13.50

COMMODITIES

Commodities
Gold1763.60+3.53
Silver21.10+0.14
Copper3.71+0.02
Palladium2024.00+16.00
Platinum988.50+7.00
Oil82.52+0.88
Heating Oil3.41+0.01
Natural Gas6.35-0.02

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