‘Essex Boys’ Oil Traders Make Charity Offer to End UK Regulatory Probe

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Financial Times - Markets 10 hours ago • ft.com

UK regulator drops probe into ‘Essex Boys’ traders after they offer to pay £1mn to charity

FCA concerned over possible collusion in group that reportedly made hundreds of millions of dollars betting on oil

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Bloomberg Markets 17 hours ago • bloomberg.com

‘Essex Boys’ Oil Traders Make Charity Offer to End UK Regulatory Probe

A group of British commodity day traders have offered to donate £1 million ($1.3 million) to charity to close a UK competition probe that looked at whether the sharing of potentially sensitive information distorted marke…

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