Day: 29 January 2016

Was BoJ Decision Leaked?

Asian market were thrown into chaos today as Nikkei News reported the Bank of Japan was considering negative interest rates, apparently in the midst of the central bank’s meeting. According to Profit & Loss sources, the report from Nikkei came 15 minutes before the official announcement that the Bank of Japan was easing policy further […]

Second Trader Claims Citi Encouraged Traders to Share Information

The unfair dismissal hearing of a second former Citi FX trader has been told that the bank encouraged its traders to “build and maintain two way relationships with traders at other banks in order to gain information about market flows and colour”. In her witness statement read to the East London Employment Tribunal, Carly McWilliams […]