FCA to probe possible conflicts in barrier options

Some buy-side firms avoid illiquid underlyings over manipulation risks

financial-conduct-authority-canary-wharf
FCA headquarters

UK regulators are to examine potential market manipulation in relation to foreign exchange digital and barrier options – a risk some buy-side firms seek to avoid by only trading barriers on liquid, abuse-proof underlyings.

The UK Financial Conduct Authority (FCA) handed out fines totalling £1.1 billion ($1.7 billion) to five banks on November 12, for failing to control their G10 spot forex business, but said it would also conduct a wider investigation of how firms manage conflicts of interest

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: