Ruling goes against CMC on ‘francogeddon’ complaint
Currency trader wins compensation after arbitrator reverses decision.
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Derivatives provider CMC Markets has been ordered to repay and compensate a customer after it changed prices on his currency trades in the wake of an upheaval in the Swiss franc in early 2015.
In January last year the Swiss National Bank triggered mayhem in currency markets when it suddenly
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Tim Hunter
Wed, 17 Feb 2016
Wed, 17 Feb 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Ruling goes against CMC on ‘francogeddon’ complaint
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