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Ruling goes against CMC on ‘francogeddon’ complaint

Currency trader wins compensation after arbitrator reverses decision.

Tim Hunter
Wed, 17 Feb 2016

Derivatives provider CMC Markets has been ordered to repay and compensate a customer after it changed prices on his currency trades in the wake of an upheaval in the Swiss franc in early 2015.

In January last year the Swiss National Bank triggered mayhem in currency markets when it suddenly

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Tim Hunter
Wed, 17 Feb 2016
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Ruling goes against CMC on ‘francogeddon’ complaint
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