Futures market
SEC probes suspicious trading in currency contracts
An unnamed client of a local asset management firm lost some 50 000 zloty, or 15 600 dollars as a result of two suspicious trades involving illiquid US dollar currency contracts, the SEC said after investigating the situation. Both trades were made on September 21 and 22 using the same computer terminal, the SEC said. Trader at an asset management house involved was connected to the owner of the account, who benefited from the situation, the SEC said without elaborating further.
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