UPDATE 1-Cboe, market makers targeted in VIX manipulation lawsuit
26 Apr UPDATE 1-Cboe, market makers targeted in VIX manipulation lawsuit
Posted at 23:18h
in
News
by KMFSLLP
April 27 (Reuters) – A trader has filed an antitrust lawsuit
accusing seven market makers, including Citigroup Inc and
Citadel Securities LLC, of conspiring to manipulate Wall
Street’s main gauge of future stock market volatility, the VIX,
at investors’ expense.
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