Deutsche Bank Trader Prosecuted By DoJ Was A London Gold And Silver Fixer! Finally Happening?

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So begins the civil enforcement action filed by the Commodity Futures Trading Commission (CFTC) on 26 January 2018 against two former Deutsche Bank precious metals traders James Vorley and Cedric Chanu. During their trading careers at Deutsche, Vorley was employed by Deutsche Bank in London and Chanu by Deutsche Bank in Singapore.

According to the UK’s FSA Register, James Vorley performed regulated activities (i.e. trading) at Deutsche Bank London between June 2007 and November 2014. Before that, Vorley was employed in a similar role at the Bank of Nova Scotia between December 2001 and April 2007.