FX Broker Can't Void Trades Without Paying Market Value - Law360
A foreign exchange broker must pay a Swiss financial services provider more than $3 million after a judge ruled that concerns about unauthorized speculative trading did not entitle the broker to cancel currency contracts without paying their market value.
A foreign exchange broker must pay a Swiss financial services provider more than $3 million after a judge ruled that concerns about unauthorized speculative trading did not entitle the broker to cancel currency contracts without paying their market value.
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