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Prof. Rosa Abrantes-Metz on the vulnerabilities in Platts's price-reporting methods

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Excerpt from CNNMoney -- "'If you put in a price that is a bit off, you can affect the benchmark in a meaningful way, particularly because there just aren't that many transactions at the end of the day,' she said. 'You may try and move Platts in a particular way and lose in that transaction, but then gain, by moving the index, in a larger transaction on the opposite side or on your derivatives position.'"

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