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Currency rorting unlikely in world’s biggest market

Posted on 17 June 2013

Market manipulation aficionados have had a field day since the global financial crisis, but short-selling attacks in markets as diverse as equities and gold and the London Interbank interest-rate fixing scandal would be put in the shade if this week’s reports that currency trading has been systematically rorted were confirmed.
They probably won’t be, however. At least one regulator is investigating, but the $US3.6 trillion ($3.76 billion) foreign exchange market is probably too big to rig, or at least, too big to rig effectively……………………………………..Full Article: Source


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