Elite Forex Blog - Market analysis & intelligence, see more at globalintelhub.com Amid police inaction on binary options fraud, FBI pursues suspects in Israel Agents visit platform provider SpotOption, and question binary options company owner Yossi Herzog Regulators had fined six banks $4.3 billion last year for failing to stop traders from colluding to try to manipulate forex rates. This followed a year-long inquiry which has put the largely unregulated forex market on a tighter leash and accelerated a push to automate trading. South African authorities joined the global forex investigation this week, showing how the trading scandal is ... Banks fined $3.4 billion to settle forex manipulation claims. Five of the worlds largest banks agreed to pay almost $3.4 billion in fines to settle allegations that they manipulated benchmark prices in the foreign exchange market. The settlement is the end of a the first stage of a scandal similar to the one over manipulation of benchmark interest rates such as the London Interbank Offered ... They also had a practice of gapping through stops over the weekend nailing you with the excess. If it gapped through a pt they would give you exactly the original pt target. The got fined for that, I also got back money from them for this, but it tells you they are crooks because they have been dishonest in the past. Most brokers are playing... Open an FNB cheque account as the first step to building a healthy credit record. Not only does the cheque account serve as your main transactional account enabling payments, transfers and the deductions of debit orders - but it also takes away the need for carrying cash
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