Less than two weeks after the Department of Justice (DOJ) opposed the motion for acquittal filed by former Deutsche Bank traders James Vorley and Cedric Chanu, the traders have made it clear that they disagree with the DOJ and will stand by their push for acquittal. This becomes clear from the latest document filings with the Illinois Northern District Court. Vorley and Chanu argue that, in its opposition, the US Government ignores a large part of the context of trading on an anonymous electronic exchange. Let’s recall that the Government accuses the duo of misrepresenting an “intent to trade” out of an anonymous bid ... (full story)