Culture Wars: how long can David keep saving Goliath?

Ed Eger, CEO of Oanda, argues why smaller players can no longer be fall guys

Ed Eger, chief executive, Oanda

"Individuals who fraudulently manipulate markets should be treated like the criminals they are – and they will be." Considering the strength of governor Mark Carney's words, no one can deny the intention of both the Bank of England and UK Chancellor George Osborne to clean up markets.

The Fair and Effective Markets Review (FEMR), outlined in the annual Mansion House speech earlier this year, is clearly a step in the right direction. Moving towards a common set of universal standards across all

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