Commodity traders offer £1m to crisis fund after FCA competition probe
| UK
Summary
The FCA is concerned 11 traders may have shared sensitive information or coordinated trades, potentially restricting competition. Following an investigation, the FCA is concerned 11 traders may have hindered competition in commodity futures markets and infringed competition law by exchanging potentially sensitive information about their trading and/or coordinating their trading strategies with each other.The traders have proposed commitments to change the way they handle sensitive information...