The Traderszone Network

Published in TZ Latest News 16 September, 2014 by The TZ Newswire Staff

How Banks Continue FX Rigging Right Under The SEC’s Noses

The good news is that the rigging of the FX markets – now conspiracy fact, not conspiracy theory – has, according to Bloomberg, forced the world’s biggest banks to overhaul how they trade currencies to regain the trust of customers and preempt regulators’ efforts to force changes on an industry tarnished by allegations of manipulation with the “modernization of processes that probably should have been brought in 15 or 20 years ago.” However, the FX market is far from ‘clean’ as B

read more