NEX coughs up $50m for ISDAFix manipulation

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NEX coughs up $50m for ISDAFix manipulation

Costas Mourselas
September 19, 2018 11:45 AM
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NEX Group is set to pay $50m after settling with the US Commodity Futures Trading Commission (CFTC) over allegations that brokers in its subsidiary ICAP helped bank traders in their attempts to manipulate the USD ISDAFix benchmark.

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