Tradition, unnamed third broker also in NAB scandal firing line
Interdealer broker Icap has denied an accusation made by
National Australia Bank (NAB) implicating it in the latter
firm's FX and FX option trading scandal (see FO Week
Vol 9 No 2).
NAB has accused an individual employee of an Icap subsidiary
in Singapore of supplying revaluation data that helped cover up
trading losses in the Australian bank's FX options
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