In the United States, fraud charges against Barclays over the bank's dark pool trading operations have been announced by New York state prosecutors. Dark pools allow banks' clients to trade large blocks of shares while keeping prices more private. Prosecutors said Barclays gave clients false statements and misrepresented the kinds of investors that were using the dark pool. Barclays said it is taking the allegations very seriously.
News On AIR | June 26, 2014 9:16 AM
Fraud charges filed against Barclays in NY for dark pool ops