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Wed Nov 13

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.com

It 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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