Clik here to view.
US charges two former UBS traders over Libor manipulation.
The Department of Justice has charged two former UBS traders with conspiracy to manipulate Libor, on the same day the Swiss banking giant agreed to pay ã940m in fines to settle charges linked to the...
View ArticleClik here to view.
Market Collapse In Process? Billionaires Continue To Dump U.S. Stocks,...
Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast. WT news feed
View ArticleClik here to view.
Bitcoin exchange: Greedy traders to blame for DDoS attack
Mt Gox, the most popular Bitcoin exchange, blamed an ongoing distributed denial-of-service (DDoS) attack for trading lags and other connectivity problems over recent days. WT news feed
View ArticleClik here to view.
High-Speed Traders Exploit Loophole
High-speed traders are using a hidden facet of the Chicago Mercantile Exchange’s computer system to trade on the direction of the futures market before other investors get the same information. WT news...
View ArticleClik here to view.
Donations, lobbying by high-speed traders on the rise: report.
High-frequency trading firms increased their campaign contributions to federal lawmakers by 673 percent from the 2008 to the 2012 election cycle, according to a report that sheds light on their...
View ArticleClik here to view.
Traders Said to Rig Currency Rates to Profit Off Clients.
Traders at some of the world’s biggest banks manipulated benchmark foreign-exchange rates used to set the value of trillions of dollars of investments, according to five dealers with knowledge of the...
View ArticleClik here to view.
Singapore Censures 20 Banks on Traders’ Bids to Manipulate Rates.
ING Groep NV (INGA), Royal Bank of Scotland Group Plc (RBS) and UBS AG (UBSN) were among 20 banks at which 133 traders tried to manipulate the Singapore interbank offered rate, swap offered rates and...
View ArticleClik here to view.
TRADERS WAKING UP TO GOLD CONSPIRACY? WELL, MAYBE NOT REALLY…
It was bound to happen sooner or later, and now commodities traders – well, some of them anyway – are asking tricky questions about the weirdness of gold’s behavior on the “markets” lately. Mr. G.B....
View ArticleClik here to view.
Oil Traders Misread Tweet, Make Oil Prices Shoot Up
There have been plenty of complaints about people who jump to conclusions too quickly online, but apparently at times that can actually have a material impact on things. Earlier today, the Israeli...
View ArticleClik here to view.
How Secret Currency Traders’ Club Devised Biggest Market’s Rates
It’s 20 minutes before 4 p.m. in London and currency traders’ screens are blinking red and green. Some dealers have as many as 50 chat rooms crowded onto four monitors arrayed in front of them like...
View Article