FX manipulation? - Hackers use malware for huge FX rate move New comment thenews 2016.02.09 00:26 Bloomberg reports on a 14-minute burst of huge volatility in the Russian ruble prompted by a computer virus infection Moved the rate 15% in about 14 minutes Used a malware virus to infect a Russian regional bank (Energobank) Swung USD/RUB between 55 and 66 The bank says losses are around 3.2 million USD The Russian central banks said: it found no evidence of currency market manipulation, noting the fluctuations could have been caused by traders' mistakes more at Bloomberg Malware issues while using WINE? Market manipulation Interesting and Humour New comment
Bloomberg reports on a 14-minute burst of huge volatility in the Russian ruble prompted by a computer virus infection
The Russian central banks said:
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