WMR scandal - Revision history

imported>Doug Williamson: Correct spelling.

2020-02-26T10:07:07Z

Correct spelling.

← Older revision		Revision as of 10:07, 26 February 2020
Line 1:		Line 1:
	''Foreign exchange reference rates fixing''		''Foreign exchange reference rates fixing''

	:"... corporate treasurers ~~where~~ shocked when the FX market rate fixing (WMR) scandal broke in 2014, revealing that they had been paying over the odds for FX for several years due to a market that had been manipulated by traders at different banks, in a similar fashion to the Libor market where a false benchmark imposed extra costs."
			:"... corporate treasurers were shocked when the FX market rate fixing (WMR) scandal broke in 2014, revealing that they had been paying over the odds for FX for several years due to a market that had been manipulated by traders at different banks, in a similar fashion to the Libor market where a false benchmark imposed extra costs."

	:''The Treasurer magazine, September/October 2017, p38 - Neill Penney, managing director and global head of trading, Thomson Reuters.''		:''The Treasurer magazine, September/October 2017, p38 - Neill Penney, managing director and global head of trading, Thomson Reuters.''
Line 12:		Line 13:
	*[[LIBOR]]		*[[LIBOR]]
	*[[WMR]]		*[[WMR]]

			[[Category:The_business_context]]
			[[Category:Ethics]]
			[[Category:Identify_and_assess_risks]]

imported>Doug Williamson: Layout.

2017-10-01T14:05:55Z

Layout.

← Older revision		Revision as of 14:05, 1 October 2017
Line 3:		Line 3:
	:"... corporate treasurers where shocked when the FX market rate fixing (WMR) scandal broke in 2014, revealing that they had been paying over the odds for FX for several years due to a market that had been manipulated by traders at different banks, in a similar fashion to the Libor market where a false benchmark imposed extra costs."		:"... corporate treasurers where shocked when the FX market rate fixing (WMR) scandal broke in 2014, revealing that they had been paying over the odds for FX for several years due to a market that had been manipulated by traders at different banks, in a similar fashion to the Libor market where a false benchmark imposed extra costs."

	:''The Treasurer magazine, September/October 2017, p38 - Neill Penney, managing director and global head of trading, Thomson Reuters''		:''The Treasurer magazine, September/October 2017, p38 - Neill Penney, managing director and global head of trading, Thomson Reuters.''

imported>Doug Williamson: Link with LIBOR page.

2017-10-01T11:35:42Z

Link with LIBOR page.

← Older revision		Revision as of 11:35, 1 October 2017
Line 10:		Line 10:
	*[[Foreign exchange]]		*[[Foreign exchange]]
	*[[FX Global Code]]		*[[FX Global Code]]
			*[[LIBOR]]
	*[[WMR]]		*[[WMR]]

imported>Doug Williamson: Create page. Source: The Treasurer, September 2017, p38.

2017-10-01T11:35:00Z

Create page. Source: The Treasurer, September 2017, p38.

New page

''Foreign exchange reference rates fixing''

:"... corporate treasurers where shocked when the FX market rate fixing (WMR) scandal broke in 2014, revealing that they had been paying over the odds for FX for several years due to a market that had been manipulated by traders at different banks, in a similar fashion to the Libor market where a false benchmark imposed extra costs."

:''The Treasurer magazine, September/October 2017, p38 - Neill Penney, managing director and global head of trading, Thomson Reuters''

==See also==
*[[Foreign exchange]]
*[[FX Global Code]]
*[[WMR]]