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FCA serves three bond traders with Decision Notices for market manipulation

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The regulator bans the traders and alleges actions were “serious and directly undermined the integrity of the market”.

The three bond traders, Diego Urra, Jorge Lopez Gonzalez and Poojan Sheth, have each been given a Decision Notice by the Financial Conduct Authority (FCA), for market abuse.

The FCA claims that the three traders placed big misleading orders for BTP Futures that “they did not intend to execute, giving