Cummins walks back co-ordination comments
Chris Cummins confronts insecurity with certain currencies and trading styles as defence pulls back curtain on chat snippets
When the defence pulled back the curtain on some of the fragments of chats used as evidence in the criminal case against a former JP Morgan trader in New York, a key government witness backtracked on some of his earlier comments about a price-fixing collusion and was confronted with his insecurity around certain currencies and trading strategies.
Chris Cummins, a former foreign exchange trader at Citi, told jurors he found the USD/RUB “challenging” to trade and that he was a backup trader to
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