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Hong Kong Trader Gets 2-Year Ban For Botched Trades

By William Gorta ( July 13, 2016, 6:52 PM EDT) -- A Hong Kong futures trader at Yue Xiu Futures Co. Ltd. had his license yanked for two years after bungling instructions to buy oil futures — he sold them instead — and made several unauthorized trades to attempt to correct his position, the Hong Kong Securities and Futures Commission announced Wednesday....

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