According to Reuters, London forex traders are scheduled to go on trial in the U.S. Three former London-based traders are expected to go to trial on Wednesday in federal court in Manhattan on charges they conspired to rig prices in the roughly $5 trillion foreign exchange market.
Chris Ashton, Rohan Ramchandani and Richard Usher, who worked at Barclays Plc, Citigroup Inc and JPMorgan Chase & Co, respectively, have all pleaded not guilty to the charges. All three came to the United States voluntarily to face trial.
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