Day: May 28, 2017

Third Barclays Trader Loses Unfair Dismissal Claim

Former Barclays FX trader Jack Murray has lost his unfair dismissal case against the bank according to Bloomberg News.
Murray is the third Barclays trader to lose his case after Mark Clark and Chris Ashton both also failed to convince the East London Employment Tribunal they were unfairly dismissed.
Murray was suspended by Barclays in late 2013 when an investigation cleared him of benchmark collusion but found instances of inappropriate communications including the disclosure of stop loss levels and customer flow.

Webinar: “How Does the Global Code Apply to Me?”

The Foreign Exchange Professionals Association (FXPA) is hosting a webinar on Wednesday, May 31, that looks at “How Does the Global Code Apply to Me?” at the following times: 10am (Eastern US) / 15:00 (UK) / 10pm (Singapore).
Webinar participants include Chip Lowry, Senior Managing Director at State Street Global Markets and Chair of FXPA; Lisa Shemie, Associate Counsel at Bats Global Markets, a CBOE Company and Member of the FXPA Policy Committee; Tahreem Kampton, Senior Director, Microsoft and Board Member of FXPA; and David Puth, Chair of the Market Participants Group for the Global Code, and CEO of CLS.