Barclays to Pay $150 Million More to Regulator in Forex Probe

Anthony J. Albanese, Acting Superintendent of Financial Services, has announced that Barclays will pay an additional $150 million penalty to the New York State Department of Financial Services (NYDFS) and is terminating its Global Head of Electronic Fixed Income, Currencies, and Commodities (“eFICC”) Automated Flow Trading for misconduct related to automated, electronic foreign exchange (FX) trading…