FX Best Execution PracticesFX Transaction Cost AnalysisKnowledge HubWM Manipulation Hits Europe – Independent FX TCA Could Have Shed Light

November 18, 2018by John Galanek

World’s largest investment managers bring a price-rigging lawsuit against the top 16 global banks charging them with manipulation of the FX market to directly impacted the prices of their FX transactions. Simply put, those that bought when prices were being inflated were harmed because they paid too much,” states a complaint filed by law firm Quinn Emanuel Urquhart & Sullivan. “And those that sold when prices were being suppressed were harmed because they received too little. Paying supra-competitive prices is the prototypical example of an antitrust injury and directly stems from defendants’ collusive behavior,”…

FX TCA Providers help buy-side measure the cost of the manipulation.

Read the whole article: More Sell-Side FX Lawsuits


Notice: Trying to access array offset on value of type bool in /home/customer/www/fxtransparency.com/public_html/wp-content/themes/squadrone/views/prev_next.php on line 10
previous
10 Billion Reasons to Perform FX TCA in 2018
next
The Case for Mid-Market Rates in Over-the-Counter FX Transaction Cost Analysis