The U.K.’s Financial Conduct Authority (FCA) fined former hedge fund official Corrado Abbattista 100,000 GBP (US$ 134,000) for market abuse and banned him from the industry. Abbattista was a portfolio manager, partner and Chief Investment Officer at London-based Fenician Capital Management LLP. London trader Abbattista repeatedly placed “large misleading” orders for Contract for Differences (CFDs), […]