Heads roll at NAB over foreign exchange scandal

What would you like to say? Your business is trying to make million a year depending upon the size of the bank, no one would sign a risk reward like that. For buying cash, you will have to refer to this chart. The NAB traders were talented, but often tried to be bigger than the market. TOP - Tongan paanga. You may copy some extracts only to individual third parties for their personal use, but only if you acknowledge the website as the source of the material. Quant house of the year:

Our NAB vanilla FX options gives you the right to buy or sell an amount of one currency, in exchange for another at a rate agreed upon earlier.

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Learn how to boost your income and investments through our professional foreign exchange tools and foreign exchange trading products with NAB. More about Vanilla FX Option. NAB FX Sales and Trading Practices. This letter outlines how NAB will communicate and transact in relation to the execution of FX transactions, expressions of interest. This case study consists of the “Investigation into foreign exchange losses at the National Australia Bank, 12 March ” Events The National Australia. National Australia Bank (NAB) is demanding more than A$ million ($ million) in compensation from interdealer broker Icap and another unnamed broker for losses the bank incurred following last year's rogue-trading scandal.