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Rogue Trades Blamed for Year-High Oil Spike

POSTED: Friday, July 3, 2009 - 4:32am
UPDATED: Friday, April 13, 2012 - 8:52am

PVM Oil Futures, a London-based division of the world’s biggest broker of over-the-counter derivatives, has lost almost $10 million after falling foul of a rogue trader.

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