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Did Banks Manipulate the Forex Market?

Did Banks Manipulate the Forex Market?

6 Years ago | March 10, 2014 00:00:00

Have you ever noticed how forex rates often move ahead of fixing times? Have you ever wondered whether banks front run customer orders to their advantage? Is the answer more regulation or more business transacted on electronic platforms? An investigation into whether banks colluded to manipulate benchmark foreign exchange rates for their own gain…is a blow to the "hands off" approach to regulating the world's largest financial market.

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