December 19, 2019 / 8:18 AM / a month ago

Bank of England refers misuse of audio feed to markets watchdog - spokesman

FILE PHOTO: A bird flies past The Bank of England in the City of London, Britain, December 12, 2017. REUTERS/Clodagh Kilcoyne

LONDON (Reuters) - The Bank of England has referred the misuse of its press conference audio feed to markets watchdog the Financial Conduct Authority, a spokesman for the central bank said on Thursday.

The central bank had earlier admitted a rogue supplier had been misusing feeds of its press briefings, allowing high-speed traders access to market-sensitive information seconds before rivals, following a report in the Times newspaper.

Reporting by William Schomberg, writing by Iain Withers, editing by Sinead Cruise

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