Mark Johnson
There was a burst of correspondence following the news late last week that for EM FX trader Ashkay Aiyer had received a fine and a jail sentence for his role in what can generically be called the chat room scandal – some were questioning how his sanction sits against that for Mark Johnson, while others […]
The podcast has a nice positive vibe to it this week as Colin Lambert is joined by Ayesa Latif, head of EMEA e-commerce FX sales at Citi to discuss the eighth annual “e-for-education” campaign by the bank, which kicks off this week. Latif explains how the campaign works, what channels are likely to generate the […]
There is a controversial start to this week’s podcast as P&L’s managing director Colin Lambert ponders whether the US really does have an “innocent until proven guilty” ethos in its legal system, before debating whether a firm, no last look, order book can really be spoofed? He argues “intention to deal” is fairly easy to […]
A recent precedential decision by the US Court of Appeals’ Second Circuit has possibly opened a door for former HSBC FX trading head Mark Johnson to have his conviction overturned. Johnson has separately filed to the US Supreme Court to have that court listen to an appeal against the judgement on eight counts of wire […]
It would be remiss of me, after so noisily calling for the FX industry to do more to support Mark Johnson’s application to the US Supreme Court for a hearing, not to congratulate ACI – The Financial Markets Association, and in particular the US chapter of said association, for its work in delivering a second […]
As former HSBC FX cash trading head Mark Johnson takes his case to the US Supreme Court, ACI – The Financial Markets Association (ACI FMA) has filed a second Amicus Curiae to support his efforts to have his case heard and conviction overturned. Additionally, the New York Council of Defense lawyers (NYCDL), a not-for-profit professional association […]
Last week the Mark Johnson case took its latest turn with the filing of a Writ of Certiorari, which effectively asks the US Supreme Court to listen to an appeal against the judgement. This may be the last step along a long and painful road for Johnson, his family and friends, and, indeed, the foreign […]
There is so much happening at the moment it’s hard to know where to start, so let’s kick off with the good, before moving to the cynical. First up, hearty congratulations to Martyn Mead, who left Barclays, and, I understand, the FX industry, last week after four decades, the majority of which he spent at […]
I am writing this sitting in a US airport awaiting my flight home – that airport is JFK in New York and, thanks to a short delay, I cannot help but think that just a few years ago it was here that Mark Johnson was arrested and commenced a period of hell that few, if […]
In this week’s podcast Colin Lambert and Galen Stops pick through the big talking point of the week, Citi’s reported decision to cut the number of platforms it connects to in the FX market. Once he can stop him being smug about predicting such a thing two months ago, Stops asks Lambert whether he thinks […]
