“If You Get Enquiries Just Obfuscate And Stonewall” – How Barclays Rigged The FX Market For Seven Years

Wednesday, November 18, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
11/18/2015

“Do not involve Sales in anyway [sic] whatsoever. In fact avoid mentioning the existence of the whole BATS Last Look functionality. If you get enquiries just obfuscate and stonewall…. for the future, sales absolutely 100% do not know about the existence of last look and it shouldn’t be a concern for them… IF any client does call up about a rejected trade . . . it is important that you state in any communication ‘THE TRADE WAS REJECTED BECAUSE OF LATENCY.’ . . . DO NOT talk about P&L on trades.”

The Rest…HERE

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