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Non-Tech : Derivatives: Darth Vader's Revenge

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To: Worswick who wrote (1778)2/24/2011 2:58:36 AM
From: axial1 Recommendation  Read Replies (1) of 2794
 
Deutsche Bank Gets Six-Month Ban in Korea on Derivatives

"The five Deutsche Bank staff conspired to manipulate the market by selling 2.44 trillion won worth of shares in the last minutes of trading on Nov. 11, with the “purpose” of making gains from “speculative” derivatives positions built in advance, the FSC said yesterday. The German lender’s units made 45 billion won of “unfair” trading profit that day, according to the regulator. "

bloomberg.com

Jim
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