Where are the price setting churn algos today?
High court recently ruled that maintaining prices is manipulation. Has this got something to do with their sudden absence?
Must be consulting with their lawyers before moving their positions to a Cayman islands company out of reach of ASIC before they fire up again....
http://www.lexology.com/library/detail.aspx?g=ee9f417f-75cc-4d20-9717-ebac1fdd70e4
market manipulators, page-77
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