(no subject)
Jan. 17th, 2015 12:04 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
randomnessIt's a funny time of the currency markets when the Swiss franc jumps 30% in a day. That's the kind of move you expect from bitcoin, not a tangible currency with a physical address.
Coincidentally, bitcoin fell 30% just the day before. Both BTC and CHF partly rebounded during the trading day.
Volatility, it's what's for dinner!
Coincidentally, bitcoin fell 30% just the day before. Both BTC and CHF partly rebounded during the trading day.
Volatility, it's what's for dinner!
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(no subject)
Date: 2015-01-17 05:45 am (UTC)http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11387674
(no subject)
Date: 2015-01-17 07:39 am (UTC)Alpari folded:
http://www.bbc.com/news/business-30846543
FXCM got a $300 million emergency loan to avoid closing:
http://www.reuters.com/article/2015/01/16/us-swiss-snb-fxcm-idUSKBN0KP1MY20150116
and (most egregiously, in my opinion)
Saxo Bank gave themselves a mulligan:
http://ftalphaville.ft.com/2015/01/16/2091562/saxo-would-like-a-do-over/
And that's just the retail forex brokers.