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Retail FX Grows Up
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Retail FX Grows Up July 2008 Issue The retail FX market, once seen as a dodgy arena for scammers who would take your money and run, has become a market that even the biggest foreign exchange banks are getting serious about entering. You can‟t turn on the television without hearing about the US dollar weakening or strengthening against other currencies. American investors, previously unaware that their greenback might be interesting outside the US, are punting currencies online. The emblematic Japanese housewife trading yen/dollar or yen/euro on top of the Nikkei is also fuelling global retail growth. David Rutter, deputy CEO for Icap Electronic Broking, says: “It is the coming of age... Full Story |
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Submitted Aug 29, 2008 3:33pm
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