The regulatory body governing Eurex has confirmed it is looking into trading irregularities on the exchange relating to the alleged Euro MTS market manipulation by Citigroup last August.
However, the imposition of a 30-day ban from Eurex on Citigroup widely speculated on appeared to be a worst case scenario.
Carsten Hiestermann, head of exchange supervision for the State of Hesse, which oversees exchange supervision for Eurex...