Interactive Brokers fined by Hong Kong authorities

Ths Hong Kong regulator, the SFC, has fined the local branch of Interactive Brokers $4.5 million in relation to failures within its algo and electronic trading systems that resulted in severe market movements in two stock prices in 2015 and 2016.

https://www.thetradenews.com/Regulation/Interactive-Brokers-fined-$4-5-million-for-algo-trading-system-failures/