Andre Flotron insists that he engaged in entirely lawful and legitimate trading practices – entering orders and then subsequently filling or cancelling orders.
Jiongsheng (“Jim”) Zhao is currently in police custody in Australia, and is awaiting extradition to the United States.
The members of the partnership have decided to sell their exchange memberships and to wind down the business.
The member list of Lucid Markets has been reshuffled, with a dozen of appointments terminated.
The plaintiffs fail to understand how their deposition taking would interfere with the DOJ investigations.
Judge Lorna G. Schofield of the New York Southern District Court agreed with the banks that the case must be arbitrated.
In yet another move to affect the proceedings against financial giants like HSBC, Citi and JPMorgan, the DOJ wants a five-month extension of the stay of the case.
Commonwealth Director of Public Prosecutions charges ANZ, Citi and Deutsche Bank with criminal cartel offences
The charges involve alleged cartel arrangements relating to trading in ANZ shares held by Deutsche Bank and Citigroup.
Criminal cartel charges set to be laid against ANZ, Deutsche Bank, Citigroup Global Markets Australia
The criminal cartel charges are expected to be laid by the Commonwealth Director of Public Prosecutions.
The US Government changes its mind again as to whether to depose former BBA employee Sally Scutt.
The transaction is expected to result in proceeds of approximately $85 million for GAIN, net of taxes and transaction-related expenses and fees.
Judge Colleen McMahon of the New York Southern District Court did not find any violation of Gavin Campbell Black’s Fifth Amendment rights.
The US regulator and Andre Flotron agree that settlement is unlikely at this time.
Even with the consent of Jiongsheng (“Jim”) Zhao, before his extradition can occur, the Australian Attorney General must authorize and sign a surrender order that formally authorises the extradition.
The Court has found that the defendants, accused of LIBOR manipulation, need extra time to prepare their defense.
Judge Colleen McMahon offers Matthew Connolly and Gavin Campbell Black to give them more time to prepare their defense.
Spot FX trading generated €5.2 million of revenue in the first quarter of 2018, the report shows.
DOJ does not oppose ex-Deutsche Bank trader’s attempt to detach himself from LIBOR-rigging conspiracy
The wire fraud charges, however, will not be affected by evidence that Matthew Connolly withdrew from the alleged conspiracy when he left Deutsche Bank in March 2008.
Judge Richard M. Berman has found that Christopher Ashton, Rohan Ramchandani, and Richard Usher had notice or fair warning that their conduct was criminal.