Trading on leaked Fed decision - The Fed is investigating news organisations over concerns the FOMC statement released last week -which disclosed the central...
Livewire
Trading on leaked Fed decision - The Fed is investigating news organisations over concerns the FOMC statement released last week -which disclosed the central bank's shock 'no taper' decision - was distributed to some traders in Chicago before anyone else. Follow the link for a chart depicting the unusually high-volume trading which occurred just milliseconds before other traders in Chicago could have learnt of the Fed's decision - a sharp contrast to the very low volumes ahead of the Fed's decision. As much as $600 million in assets has been estimated to have changed hands during those milliseconds. (VIEW LINK)
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Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
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Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise