Experience Stern | News & Events

Excerpt from Bloomberg -- “'There are some patterns in currencies that are very similar to what I have seen in other markets, such as the way the price-fixings’ effects disappear so often by the following day,' said Rosa Abrantes-Metz, a professor at New York University’s Stern School of Business, whose August 2008 paper, 'Libor Manipulation?,' helped trigger the probe into the rigging of benchmark interest rates. 'You also see large price moves at a time of day when volume of trading is high and hence the market is very liquid. If I were a regulator, it’s certainly something I would consider taking a look at.'”

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