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Forex 'cartel' traders cheated the market, jury hears

Forex 'cartel' traders cheated the market, jury hears
Published on: 11 October 2018
Published by: Law360
  • Forex 'cartel' traders cheated the market, jury hears

Article summary

Law360, New York: Using a private chatroom dubbed ‘the cartel,’ three former foreign currency exchange traders for Barclays PLC, Citigroup Inc. and JPMorgan Chase & Co units colluded to suppress competition in the forex market, a federal prosecutor said on 10 October 2018, as the trio's criminal forex-rigging trial began in the US. or take a trial to read the full analysis.

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