Aspire Commodities Fined for Violating ICE Futures Rules

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ICE Futures U.S. announced that Aspire Commodities, LLC had agreed to pay a USD700,000 fine to settle fees for violating some of the ICE rules. In August 2021 the Exchange’s Business Conduct Committee found that Aspire Commodities, LLC had violated some of the ICE rules by holding positions above the applicable monthly position limits and by not having adequate procedures for monitoring positions and complying with maximum spread limits.

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