Trading on leaked Fed decision - The Fed is investigating news organisations over concerns the FOMC statement released last week -which disclosed the central...

Livewire
Trading on leaked Fed decision - The Fed is investigating news organisations over concerns the FOMC statement released last week -which disclosed the central bank's shock 'no taper' decision - was distributed to some traders in Chicago before anyone else. Follow the link for a chart depicting the unusually high-volume trading which occurred just milliseconds before other traders in Chicago could have learnt of the Fed's decision - a sharp contrast to the very low volumes ahead of the Fed's decision. As much as $600 million in assets has been estimated to have changed hands during those milliseconds. (VIEW LINK)
Welcome to Livewire, Australia’s most trusted source of investment insights and analysis.
To continue reading this wire and get unlimited access to Livewire, join for free now and become a more informed and confident investor.

2 topics

Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise
Please sign in to comment on this wire.