FXCM Disputes CFTC's Swiss Flash Crash Claims
By Joyce Hanson ( November 18, 2016, 4:03 PM EST) -- Forex Capital Markets LLC asked a New York federal judge on Thursday to toss some claims in a suit brought by the U.S. Commodity Futures Trading Commission after FXCM faced a sudden capital shortfall due to an unexpected Swiss National Bank flash crash, arguing it shouldn't be punished for the market chaos that ensued because it was a victim of the event....
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