CME forex fix questioned in new lawsuit
Possible listed forex futures and options manipulation brought to court in New York as scope of benchmark investigation widens
A CME Group benchmark referenced as the daily settlement price for foreign exchange futures and options on the exchange has been brought into question, following another class action lawsuit against 12 banks in the US for its alleged manipulation.
The complaint, lodged at the US court for the Southern District of New York, alleges the same 12 banks accused of manipulating the WM/Reuters benchmark in a separate class action have been distorting the price of forex futures and options traded at the
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