Not sure if this belongs here, or in investments, but check this out:
http://pulsenews.co.kr/view.php?sc=30800018&year=2016&no=221697
S Korea’s top court fined Deutsche with no right of appeal, for what Deutsche calls delta hedging activity on one of their exotics posn. This is a bit scary, no?
This happens everyday in european markets, and I think it’s a bit scary if you could get fined like this for aggressive trading around a price level. Anybody knows what exactly is the wrong doing here? I’m not sure if I see it