KW: Anyone still beleiving that the market is real time pricing at work of fair in any way needs to understand that its for the big boys to make $billions at your expense. Given the free $trillions to play with perhaps we wold all do it anyway? The only thing is that if it was you or me defrauding people we would be made out as the scurge of the town whereas everyone wants to be a millionaire and the banks get away with it

“Not only will the company pay a substantial financial penalty and return money to victims, but this agreement requires JPMorgan to self-report violations of the federal anti-fraud laws…”

Source: JPM Pays Record $1 Billion Fine; Admits Spoofing Of Gold And Treasuries | Zero Hedge