ICE Futures U.S. fines Macquarie Bank for alleged rule violations
ICE Futures U.S. has posted a disciplinary notice against Macquarie Bank Limited.
A subcommittee of the Exchange’s Business Conduct Committee determined that, for an extended period, Macquarie may have violated the following Exchange Rules:
In accordance with the terms of settlement, in which Macquarie neither admitted nor denied the alleged rule violations, Macquarie agreed to pay a monetary penalty of $375,000.
The effective date of the disciplinary notice is October 7, 2026.
A subcommittee of the Exchange’s Business Conduct Committee determined that, for an extended period, Macquarie may have violated the following Exchange Rules:
- 6.15(a) by failing to submit accurate large trader positions for certain client accounts; and
- 4.01(b) by failing to consistently establish, administer, and enforce supervisory systems, policies and procedures reasonably designed to achieve compliance with Exchange Rules.
In accordance with the terms of settlement, in which Macquarie neither admitted nor denied the alleged rule violations, Macquarie agreed to pay a monetary penalty of $375,000.
The effective date of the disciplinary notice is October 7, 2026.