1 rule for 1....

Discussion in 'Index Futures' started by electricshock, Jun 14, 2011.

  1. http://www.guardian.co.uk/business/2011/jun/14/trader-banned-market-abuse

    After reading this article I'm stunned that that the trading practices of the "so-called" market makers continues.

    This guy is ordered to make restitution to the people that have been screwed over.

    I wish the woman from the FSA would have a trip to LIFFE and Eurex and wee WTF goes on over there every second of every shitty day.

    Short Sterling front June is 108k up,traded 16k lots in 10 1/2 hrs.

    What is going on there and how hasn't the FSA spotted this!
  2. There really is no danger of the FSA taking on one of the big boys as you know. But once in a while they will make an example of some small timer in order to make it look like they are doing their job.
    Ironically, removing an individual like this makes it even easier for the big boys -they can do without the competition. Like they give a fuck about the irony... We would probably do better without the useless cunts at the FSA.