Consultants fear mis-selling as forex brokers discover new options

Range accrual and Tarf variants too complex for UK SMEs, critics say

sam-bett-web
Sam Bett, JCRA

The film Boiler Room, released in 2000, tells the story of pump-and-dump stock-broking practices at fictional firm JT Marlin, in New York. Its brokers lie to gullible investors, sell them shares in fictional or failed companies, and leave them to suffer the consequences.

It is a horrible depiction of the industry. Surprisingly, in the UK's foreign exchange broking sector, it is also used as an induction video for new recruits, according to James Ducker, a director at Benchmark Treasury Pricing

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net 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 individual account here: