Mon Jun 25 FSB Plenary meets in Basel. CFTC chair in Salzburg. | Tue Jun 26 New global tax enforcement group in Montreal. LEI Plenary in Paris. | Wed Jun 27 Boston Fed prez in DC to speak on ethics and economics. | Thu Jun 28 SEC meets on asset managers & ETFs. | Fri Jun 29 1st U.S.-China AI tech summit in Half Moon Bay.
Ruh roh. "A trainee day trader in France is suing a British brokerage for an amount comparable to almost its entire annual revenue after it seized the €10m profit he made using what he initially thought was a demonstration version of its platform.... "He was practicing trading at home on what he believed to be the demo version - placing €1bn of orders for European and U.S. equity futures - before realizing that it was the live platform and he had run up a loss of more than €1m. He continued trading, eventually building up a $5bn position in U.S. equity futures and turning the loss into a profit of more than €10m." Day trader sues broker over 'demo' trading platform mix-up
Mon Jun 18 Fed culture conference. | Tue Jun 19 G20 working group in Kyoto. | Wed Jun 20 OECD global forum in Paris. | Thu Jun 21 Dodd-Frank Act stress test results. First day of summer. | Fri Jun 22 MSRB Rule G-17 workshop. |
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