MILAN, Italy (AP) - An Italian bond-trading organization will suspend Citigroup Inc. from trading on its platform during November because of a disputed deal by the bank last year.

The MTS SPA platform said Thursday that the Aug. 2, 2004, trade by Citigroup had disrupted the market and was executed without sufficient consideration of its effects.

Citigroup said it regretted some of MTS' findings, but was pleased that MTS had not found any evidence that Citigroup tried to deliberately disrupt the market.

Market regulators across Europe have been looking into the trade, in which Citigroup sold a large volume of European government bonds on multiple trading platforms, causing prices to fall across the board. The bank then bought back roughly 4 billion euros in bonds at lower prices. The bank allegedly made a profit of $17.5 million on the trade.

In June, Citigroup was fined 13.9 million pounds ($25.4 million) by the U.K.'s Financial Services Authority, which said the bank had failed to conduct its business with due skill, care and diligence and hadn't adequately controlled its business effectively.

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