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You are here: cherry > Press releases for July 2013 > FCA fines US based oil trader US $903K for market manipulation

FCA fines US based oil trader US $903K for market manipulation

22 July 2013

The Financial Conduct Authority (FCA) has fined US based High Frequency Trader, Michael Coscia, US $903,176 (�597,993) for deliberate manipulation of commodities markets...

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