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Information About Bonds Trading Cartel | Shield

Want to participate in bonds trading cartel in which traders used chat rooms to share sensitive information with one another, must know how to bid at debt auctions. To know all about it visit: https://bit.ly/36HDOqk

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Information About Bonds Trading Cartel | Shield

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  1. Are You Part of a (Trading) Cartel? At least outwardly, the giants of investment banking — the big Wall Street titans and other financial institutions (FIs) — are rivals, competing over customers, returns, trading talent, and more. But over the years there have been multiple cases in which banks have been accused, and found guilty, of colluding or price rigging in conjunction with one another. For example, in May 2021 seven FIs, including Bank of America, Natixis, Nomura, RBS, UBS, UniCredit and WestLB, were found guilty by the European Union of colluding in a way deemed to hurt EU Member states. Cartels in Action This kind of sharing of illicit information — frequently using electronic communications for coordinating the behavior — is frequently referred to as being a cartel. While the name “cartel” might summon up images of drug-running outfits and gangland activity, it refers to any collection of independent businesses which collude with one another in a way that manipulates prices of a product or service. The Right Tools to Defend Against Cartels Cartels are bad news for customers, but they’re also bad news for firms. When discovered, they can result in heavy fines for the firms involved. Fortunately, this is becoming easier to do thanks to advanced tools, such as the ones we have developed at Shield, that combine boosted lexicon technologies and artificial intelligence algorithms to spot behavior suggestive that rule-breaking behavior is going on. These tools can spot a wide range of potential market abuse scenarios, ranging from collusion and insider trading to front running. https://www.shieldfc.com/

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