Second foreign currency exchange dealer pleads guilty to antitrust conspiracy LeapRate

Second foreign currency exchange dealer pleads guilty to antitrust conspiracy

A foreign currency exchange (FX) dealer became the second person to plead guilty to conspiring to fix prices in the FX market, the Justice Department announced today. According to the one-count information filed in the U.S. District Court for the Southern District of New York, Christopher Cummins was a dealer of Central and Eastern European,…

February 24, 2014 BY Gerald Segal

Banks cornered after London fixing investigations shrink FX trader talent pool

In the meantime UBS is seeking lenience in FX manipulation investigation (again) Recent weeks will most certainly remain in history for most professional FX traders, as the number of suspended/fired traders has been ever growing and the FX manipulation investigation is on the minds of worldwide regulators. There is one more angle that hasn't been touched…

Tag: FX dealers

Second foreign currency exchange dealer pleads guilty to antitrust conspiracy

Banks cornered after London fixing investigations shrink FX trader talent pool

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