The robbery of the century: the cum-ex trading scandal and why it matters
- Written by Alex Simpson, Senior Lecturer in Criminology, Macquarie University
Cum-ex trading, like a magic trick, involves shares 'disappearing' then 'reappearing' with a new owner to enable two parties to simultaneously claim ownership of the one stock. www.shutterstock.comIt has been called “the robbery of the century”. Martin Shields and Nicholas Diable, two British investment bankers, are on trial in Germany...
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