that you might hold it against the government in this case? A sixth bank, Bank of America, while not found guilty, agreed to a fine of 204 million for unsafe practices in foreign markets. Three ex-Forex traders and the US Government present questions seeking to make sure that the prospective jurors deliver a fair and impartial verdict. Would you give the testimony of this witness greater or lesser weight simply because the witness had entered into such an agreement?
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For moving forward with its case after.K. 7, regulators are forex cfa euro particularly focusing in on one small exclusive chatroom which was variously called The. Among The Cartel 's members were Richard Usher, a former Royal Bank of Scotland (RBS) senior trader who went to JPMorgan as head of spot foreign exchange trading in 2010, Rohan Ramchandani, Citigroup s head of European spot trading, Matt Gardiner, who joined Standard Chartered. The three former traders participated in telephone calls and electronic messages, including engaging in near-daily conversations in the chat room, which they also referred to as "The Mafia where they discussed past, current and future customer orders and trades, prosecutors alleged. A b "Forex Chatrooms Show Traders Shared Order, Price Details: Report". Archived from the original on 15 November 2014. In these chatrooms, traders at the banks disclosed confidential customer order information and trading positions, changed trading positions to accommodate the interests of the collective group, and agreed on trading strategies as part of an effort by the group to manipulate different foreign exchange benchmark. Lets note that although the parties jointly filed the list of proposed questions, there are some questions opposed by the US Government and there are certain questions opposed by the defendants. "Foreign exchange: The big fix". "Currency Probe Widens as Major Banks Suspend Traders".