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How do they do it? How is the price of oil manipulated?

The New York Times offers a look inside a company that allegedly manipulated oil prices and the methods they used to do it. The company is based in Amsterdam. It is little known and maintains a low profile, yet has become a force to reckoned with in the oil markets. What is the name of this company? It's called Optiver, and it employs about 600 people.

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Investigating alleged oil price manipulation originally appeared on BloggingStocks on Mon, 07 Sep 2009 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CFTC investigationselectronic tradinginthenewsoil price manipulationOptiverThomas LasalaMon, 07 Sep 2009 11:00:00 EST