LSE Investigates 'Possible Price Manipulation' By JPM

FRONT PAGE

THE London Stock Exchange (LSE) is investigating a possible manipulation of stock prices by traders at JP Morgan, confirms a source at the exchange.

The investigation involves the LSE's Stock Exchange Electronic Trading Services (SETS) system, a new order-driven trading system launched on October 20.

A spokesperson for the exchange confirms that a trading anomaly was spotted on November 28, after a 20 per cent drop in the Financial Times Stock Exchange (FT-SE) index of top 100 stocks.

"If there

To continue reading...

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 indvidual account here: