When One Bot Dominate the Forex Markets

By Lawrence

Bloomberg just revealed the allegation made by New York regulators against Deutsche Bank.

http://www.bloomberg.com/news/2014-12-10/ny-regulator-said-to-probe-deutsche-bank-barclays-fx-algorithms.html?hootPostID=c3a0b99fe1cf5f2d282303c2f5580895

This is what you get when the bank created the bot in the first place and being the counter-party trading against you.

The development from this event can drag on for years to come. The exposure, however, will further reduce the influence of the banks on the international financial markets as they are forced to bailout from them.

Think of the exposure of silver manipulation earlier this year and the outcome.

Another conspiracy theory about the banks turning into facts.

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Comments
  • MidKnight December 11, 2014 at 6:28 pm

    FX is the wild west – anything goes really….I’m not much surprised by it. This is probably only the tip of the iceberg of the things these guys do!

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