Spoofing in High Frequency Trading

Retained by Dechert

Vega was retained by Dechert on behalf of James Vorley, an ex-Deutsche Bank’s trader, in connection with sentencing in a criminal proceeding to analyze the relevant economic issues and trading records associated with the spoofing conduct in precious metals future markets.

Dr. Daphne Chen submitted an affidavit to respond to the opposing expert’s loss calculation, the adjustments to the loss calculation, and the gain calculation. She also submitted a supplemental affidavit to support the response to the government’s sentencing memorandum.

Chen Affidavit (1:18-cr-00035)

Chen Supplemental Affidavit (1:18-cr-00035)