3 ms·

'Hijacked' Bank of England audio sold to hedge funds seconds ahead of broadcast

• celticninja 7y ago
  No criminal charges anywhere in sight.
  • shoemakersteve 7y ago
    Are you in any way surprised?
  • FDSGSG 7y ago
    Should there be? This seems more like a civil matter.
• jacknews 7y ago
  is this really a surprise? I was virtually present (doing techy stuff) at an early morning trading-strategy meeting at an investtment bank many years ago. The lead asked which way the interest-rate decision later that day was going to go, and he was told, basically, "Not sure, we think ...". His immediate response was "I pay you to KNOW what's been decided", and the subsequent conversation revealed that he wasn't kidding.
• sonofgod 7y ago
  I wonder if it's a room with no connectivity otherwise, because I imagine if you're in the room live, sending [UP] or [DOWN] with human latency would give you 6 seconds of relative exclusivity of the information.
• secfirstmd 7y ago
  It's not a surprise. There have been rumours for a long time that one of the large UK banks get the Prime Minister's speeches 30 minutes before they are made.