UK Forex Traders Plead Not Guilty To US Rigging Charges

Law360, New York (July 17, 2017, 4:47 PM EDT) -- Three British former foreign exchange traders who waived extradition from the United Kingdom pled not guilty in a New York federal court Monday to conspiring to fix the price of U.S. dollars and euros in the foreign currency exchange spot market.

The former executives allegedly coordinated their trading with each other in an online chat room while working for affiliates of banks including Barclays PLC. (AP) U.S. District Judge Richard Berman set a June 4, 2018, trial date for Christopher Ashton, a former head trader in...
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