Tag: FX Fixings

March 06, 2014 BY Gerald Segal

Bank of England has dirt on its hands – forex manipulation related

The central bank suspended an official - concerns about FX fixing manipulation were first raised in 2005 Reuters is reporting that the latest suspension related to the foreign exchange fixing manipulation is not coming from the usual big forex dealing banking desk, but from the Bank of England. According to recent reports some staff members…

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February 20, 2014 BY Gerald Segal

More forex trader suspensions, this time at RBS

FCA unlikely to go public with its investigation findings before 2015 The Royal Bank of Scotland has announced the suspension of yet another forex trader and unsurprisingly, it is most likely related to the ongoing 4 pm fix investigation. The FX fixings scandal that has engulfed the forex market in recent months is taking another…

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January 29, 2014 BY Gerald Segal

RBS to stop accepting orders for FX fixings

G 20’s Financial Stability Board commits to revamp the way FX benchmarks are calculated According to a fresh Reuters report, the Royal Bank of Scotland has announced that it is suspending to accept orders in relation to several foreign exchange fixings. While the bank has declined to comment on whether it has something to do…

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