| Gaming the global financial system is easy when you get some help from your friends. British and U.S. regulators revealed Wednesday that chummy currency traders at a handful of major banks used private online chatrooms to coordinate their buying and selling to shift currency prices in their favor.
Here's how they did it: 1. Make friends: According to the U.K. Financial Conduct Authority, traders met in online chatrooms to exchange information with trusted colleagues from other banks. These traders called themselves "the 3 musketeers" and the "A team," among other names...............................................Full Article: Source
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