UPDATE 1-New York won't settle with Barclays soon over FX computer programs

April 21, 2015 3:51 PM

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April 21 (Reuters) - New York's banking regulator will not settle with Barclays Plc over foreign exchange trading in coming weeks unless the deal excludes a probe of the possible rigging of rates through computer programs, the agency's superintendent said on Tuesday.

"There are two options: You can do a settlement in May with a carveout, or you can do a settlement later without a carveout," Benjamin Lawsky, superintendent of New York's Department of Financial Services, said after a Dow Jones event in midtown Manhattan.

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