Tag: FX rigging

FX rigging

US Justice Department Brings Charges Against Two FX Traders

Mark Johnson, the head of global FX cash trading at HSBC and Stuart Scott, former head of FX cash trading for EMEA at HSBC, have been officially charged by the US Justice Department with conspiring to defraud HSBC clients by front running orders. Profit & Loss reported yesterday on the reports emerging that Johnson had […]