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Retail FX Traders Going Mobile In Droves
There's a long-standing rule in Jared Johnson's household: no smartphones, iPads or foreign-exchange trading at the dinner table. Johnson, an Indianapolis-based financial services broker who trades currencies on the side, is one of a rapidly growing number of retail foreign exchange clients using smartphone and tablet applications that make it possible to trade a 24-hour market from anywhere. Retail foreign exchange traders, known for their somewhat obsessive approach, are increasingly shunning home desktop computers and monitoring and executing trades on mobile devices. Indeed, with a growing number of younger, ... (full story)