UK regulator drops probe into ‘Essex Boys’ traders after they offer to pay £1mn to charity
United KingdomWhat to know
- FCA concerned over possible collusion in group that reportedly made hundreds of millions of dollars betting on oilS1
- 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 markets.S2
Timeline · newest first
4mos
Financial Times
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
4mos
Bloomberg
‘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 potential…
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Published Jun 24, 2026
What to know
- FCA concerned over possible collusion in group that reportedly made hundreds of millions of dollars betting on oilS1
- 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 markets.S2
Timeline · newest first
Sources · 2 citations
S1
Financial Times
1 report · EN
S2
BloombergLead
1 report · EN
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2 outlets
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bioAffinity Technologies earnings beat by $25.61, revenue fell short of estimates
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