Libor-fixing scandal

Long, short, Bitcoin, forex - Plenty of alternate market disuccsion.
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superfrank
Posts: 2762
Joined: Fri Aug 14, 2009 8:28 pm

Ferru123 wrote:As an aside, I wonder to what extent 'information manipulation' takes place in the Betfair markets, where (for example) someone may lay a favourite heavily just before the trainer goes on TV to talk down the horse's chances (even though he thinks the horse will run really well today)...
that kind of thing, if it happens much at all, is just part of the game. someone would have to be extraordinarily well connected in order to have enough opportunities to make a living from that kind of thing.

and with racing we all, hopefully, accept that much of what drives late prices is not in the public domain (much the same with financial markets).
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jimrobo
Posts: 1289
Joined: Wed Mar 25, 2009 12:49 pm

theres nothing illegal about having a viewpoint and having a big enough bank to influence the market with that viewpoint. Theres not many people that have big enough pots to influence financial markets anyway. If they tried theres always a bigger fish around the corner.
steven1976
Posts: 1744
Joined: Tue Jan 19, 2010 6:28 am

I see Barclays are in trouble again with their black pools.

http://m.bbc.com/news/business-28030351
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