UPDATE 1-UK watchdog says status quo unacceptable in forex market

UPDATE 1-UK watchdog says status quo unacceptable in forex market

(Recasts, adds detail). By Huw Jones. LONDON Feb 25 (Reuters) – Trading practices in currency markets must change and good cooperation seen from the industry bodes well for a "sensible" set of reforms, Britain's Financial Conduct Authority (FCA) said

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