Ex-Citi trader pleads guilty in price-fixing conspiracy

Christopher Cummins conspired to suppress and eliminate competition in Ceemea currencies

legal-lady-justice

A former Citigroup trader who specialised in Central and Eastern European, Middle Eastern and African (Ceemea) currencies has pleaded guilty to conspiring to fix prices in the foreign exchange market, the US Department of Justice (DoJ) said on January 12.

From approximately January 2007 until July 2013, New York-based Christopher Cummins and FX traders at competing banks conspired to suppress and eliminate competition by fixing prices in Ceemea currencies, the DoJ said.

According to the one

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 [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week 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: