Episode Details
Back to Episodes
Forex Collusion: 'The Cartel' That Fixed Currency Markets
Season 1
Episode 50
Published 2 weeks, 2 days ago
Description
In a world where trillions of dollars move before most of us have our first coffee, a handful of traders found a hidden lever—a way to nudge global currency values in their favor. But the real secret was how ordinary it all looked from the outside.Foreign exchange, or FX, is the largest market on earth. Every day, banks, asset managers, pension funds, and corporations rely on a single number to anchor their trades: the WM Reuters 4 p.m. London fix. This benchmark is supposed to make the market fair. But what if the very structure that made it useful also made it dangerously easy to manipulate?Aurelius and Malik take on this case in full — 5 chapters, 32 minutes, one complete story.Learn more at: https://thefraudarchive.com/fraud/fx-market-manipulation
The Fraud Archive Dialogues is part of The Archive Network by Jonkai Ventures. In every episode, curators Aurelius and Malik take one case of fraud,
deception or financial crime and work through it together — one building the account, the other pressing on what it leaves out.
The Archive Network is an independent project. Everything is free, with no ads and no paywalls. Support doesn't unlock anything; it simply
keeps the work going:
https://thearchivenetwork.com/support
Explore this archive:
https://thefraudarchive.com
Discover more archives and stories:
https://thearchivenetwork.com
Hosted on Acast. See acast.com/privacy for more information.