Britain proposes guidelines on brokers swapping market talk

Traders must be clear about what information they can share with others in the market to avoid new rigging scandals, a British industry body said on Friday.The FICC Markets Standards Board (FMSB) proposed guidance on what sort of "market colour", or information, participants can exchange in commodities and fixed income markets in Britain, one of the world's biggest financial centres."The question of what information may be shared between participants in these markets is complex and recent conduc