Bank of England briefings hacked by hedge funds

Misuse of audio feed

Beth Brearley
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Bank of England briefings hacked by hedge funds

The Bank of England’s internal systems have been hacked, with hedge funds accessing press conferences before they were broadcast.

One of the Bank's suppliers has been sending an audio feed of its press conferences to high-speed traders who hope to profit by placing trades based on the Governor's comments moments before they are announced,...

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