Forex trading south africa standard bank

Forex trading south africa standard bank

By: andreuspb Date: 28.06.2017

The Standard Bank trader alleged to have engaged in collusive practices to fix the price of the rand has not been suspended as the bank still seeks clarity on the accusations. According to Standard Bank, the Competition Commission initiated a complaint against its affiliate Standard New York Securities and 21 other institutions concerning the possible contravention of the Competition Act between and At the time, Standard Bank was not mentioned in the complaint.

The complaint referral lodged by the Competition Commission with the Competition Tribunal also shows that the investigations date back to April 1 , when a complaint was laid against 11 banks including Standard New York Securities.

Moneyweb is awaiting clarity from both the Competition Commission and Standard Bank regarding the discrepancies between the dates. Don't have an account? You might have left one of the fields blank, or be posting too quickly. Thank you for commenting. Please refresh this page to see your comment. If your comment is missing, it might be held for moderation. Please wait a while before posting your next comment. Sign up for a FREE account. Login here or sign up here.

In this story mnyRelatedWidgetGraphs. Banks cream it off bounced debit orders. The value of equities. Rand weighed down by Sarb row, stocks weak. Standard Bank Group Ltd.

forex trading south africa standard bank

Related Stories CompCom defends lax FX penalty against Citibank. Sell Standard Bank, says stockbroking subsidiary. Standard Bank prioritises Liberty turnaround.

Citibank to pay R70m in forex probe. CompCom names traders in forex probe. SA needs swift resolution. Keep this field blank. Registered users can save articles to their personal articles list. Bank said it learnt of the allegations on Feb 15, engaging with CompCom. Are you interested in getting anonymous employee feedback through degree manager reviews? Please enter a value between 0 and More stories from Moneyweb Bell Pottinger had an agenda from the beginning.

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Forex Outlets | Standard Bank - South Africa

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Login Register About Moneyweb Contact Moneyweb Advertise with us The Money Expo The Moneyweb Investor Moneyweb staff disclosures Investor relations Terms of Use. Price and trade data source: All other statistics calculated by Profile Data. All data is delayed by at least 15 minutes. Name or share code. These charts show the dire state of SA economy.

Foreign Exchange | Standard Bank - South Africa

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forex trading south africa standard bank
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