POS 16.7% 0.4¢ poseidon nickel limited

Ann: More High Grade Nickel at Golden Swan, page-46

  1. 1,102 Posts.
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    Jamming stop losses and then giving themselves a pat on the back for being such great 'traders'.

    Cheating is very risky proposition.

    I've worked in a market where this sort of stuff happened on a regular basis. Most guys just thought it was normal - 'it's how its done, if you don't like it go somewhere else' type attitudes. It took a long time for the regulators to hold the offenders to account, but they did get there in the end - a lot of lives, reputations and careers were ruined as a result. Fines for institutions that they worked for ran into many $billions (yes, that's billions with a b).

    http://ig-legacy.ft.com/content/23fa681c-fe73-11e4-be9f-00144feabdc0#slide0




 
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