Legal
The tricks used by 'coiled cobra' market-riggers
Foreign exchange traders at major banks used hand signals and chat rooms to fix some of the world's largest markets, with one rule-breaking trader describing themself as a "coiled cobra" during their activities. Records of the collusion were published as regulators hit six banks with $5.6bn (£3.6bn) in fines for…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Telegraph