Threadneedle fined over faulty warrants trade

Francesca Young

December 15, 2015 11:45 am

FCA building HQ source FCA 230x150 — File Name : DSC_0131.JPG File Size : 1.4MB (1482651 bytes) Date Taken : Fri, Sep 3, 2004 1:01:59 pm Image Size : 3008 x 1960 pixels Resolution : 300 x 300 dpi Bit Depth : 8 bits/channel Protection Attribute : Off Camera ID : N/A Camera : NIKON D1X Quality Mode : N/A Metering Mode : Matrix Exposure Mode : Aperture Priority Speed Light : No Focal Length : 17.0 mm Shutter Speed : 1/180 seconds Aperture : F9.0 Exposure Compensation : 0.0 EV White Balance : N/A Lens : N/A Flash Sync Mode : N/A Exposure Difference : N/A Flexible Program : N/A Sensitivity : N/A Sharpening : N/A Image Type : Color Color Mode : N/A Hue Adjustment : N/A Saturation Control : N/A Tone Compensation : N/A Latitude(GPS) : N/A Longitude(GPS) : N/A Altitude(GPS) : N/A

Threadneedle Asset Management Limited was slapped with a fine of just over £6m by the Financial Conduct Authority (FCA) on Tuesday for failures spotlighted by a trade on the firm's emerging markets debt desk.

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Francesca Young