DislikedNot true over the short-term, as a significant amount of the $1.5 trillion per day that is traded on the OTC spot market is made up of the algo-driven flows from hedge funds and the trading desks of the major banks.
These transactions are driven by quantitative models, the many objectives of which include; the seeking out, and exploiting of, arbitrage opportunities/price inefficiencies, the spotting of developing trends or trend reversal situations, short-term momentum opportunities etc........Ignored
- | Joined Jan 2007 | Status: Pump My Pip | 37 Posts
No man is smart, except by comparison to those who know less!
- | Joined Jan 2007 | Status: Pump My Pip | 37 Posts
No man is smart, except by comparison to those who know less!