The Wall Street Journal: China regulator probes Dutch high-frequency trader

SHANGHAI — A Dutch high-frequency trader is facing scrutiny from China’s securities regulator over its futures-trading activities, reflecting sustained efforts to crack down on irregularities following the stock-market meltdown last year.

The Shanghai-based affiliate of IMC BV, a Dutch financial and asset-management firm known for its high-frequency-trading strategy, has received inquiries from the China Securities Regulatory Commission related to its futures trading, the firm said in an emailed statement Thursday.

“All discussions between IMC and the regulator have been constructive and positive,” IMC said, adding that it had confirmed with external counsel that its futures-trading activity in China complied with all regulations and exchange rules.

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