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Monday, September 18, 2017

HSBC Jury to Weigh If Forex Trader Was Front-Running or Hedging

HSBC Holdings Plc code-named a $3.5 billion currency trade “Project Shine” and swore traders to secrecy to reassure its client it would get the best price. Mark Johnson, then head of global foreign exchange, was among those who knew and Cairn Energy Plc feared that news of the anticipated purchas...
HSBC Jury to Weigh If Forex Trader Was Front-Running or Hedging

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