Futu and Tiger's penalty announcements showed abnormal volume increases in put options beforehand, raising market suspicion of possible "front-running" behavior.

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Mars Finance News, on May 23, according to publicly available options data platforms and market information, before the China Securities Regulatory Commission announced on May 22 its intention to impose administrative penalties on cross-border internet brokers such as Futu and Tiger Securities, the number of put options traded related to Futu and Tiger in U.S. stocks showed abnormal volume on May 7, 19, and 21 respectively.
The highest trading volume occurred before the official announcement, when StreetInsider at 9:57 AM Eastern Time on May 21 indicated that FUTU and TIGR experienced abnormal put option trading;
ThetaOwl data also showed that the put/call volume ratio of Futu options expiring on May 22 was significantly higher on May 21.
Some market opinions believe that these abnormal movements may indicate that funds had already positioned for a short bias before the news was publicly announced, raising suspicions of "front-running" or pre-trade manipulation.
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ShellsLeftBehindByTheReceding
· 12h ago
Cross-border brokerage regulation is becoming increasingly strict.
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TeaAndSlippage
· 13h ago
ThetaOwl's data is quite accurate; I hit the jackpot again this time.
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BridgeHopRanger
· 13h ago
Futu users are trembling with fear
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BorrowedHalo
· 13h ago
If there's no insider information to this kind of prior planning, I would eat my keyboard.
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ByteBard
· 13h ago
Regulatory crackdown + market anticipation, a double blow
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TheRedTelephoneBoothInTheRuins
· 13h ago
Tiger Securities' stock price is about to come under pressure again
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ApeWithHomework
· 13h ago
Allegations of front-running are not the first time; waiting for the investigation results.
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TidalShellReflection
· 13h ago
Waiting for a notice with blue background and white text.
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ReorgPanicButton
· 13h ago
The announcement was still increasing volume three days ago, is this a confirmed leak?
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