-
Selling Frenzy Grips Markets as Traders Tally Losses From Rout
On Mirabaud Asia Ltd.’s Hong Kong trading floor, stockbrokers sat in quiet disbelief. At Vunani Private Clients in Johannesburg, calls from worried investors came in thick and fast. In Mena Corp Financial Services LLC’s Abu Dhabi office, traders canceled vacation plans. “The situation is terrible and there’s a lot to be concerned about,” said Nabil Rantisi, managing director of Abu Dhabi-based Menacorp, the biggest brokerage by value traded in the United Arab Emirates. “It feels like it’s judgment day. I’ve spent my entire holiday working.” Investors in riskier assets rushed for the exits on Monday, ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Aug 24, 2015 7:01am Aug 24, 2015 7:01am
- iumoren
- | Membership Revoked | Joined Dec 2012 | 282 Comments
- Comment #2
- Quote
- Aug 24, 2015 7:30am Aug 24, 2015 7:30am
- Ojiego
- | Joined Jan 2015 | Status: Critical Source | 1018 Comments
- Comment #3
- Quote
- Aug 24, 2015 7:54am Aug 24, 2015 7:54am
- iumoren
- | Membership Revoked | Joined Dec 2012 | 282 Comments
- Comment #4
- Quote
- Aug 24, 2015 8:01am Aug 24, 2015 8:01am
- Ojiego
- | Joined Jan 2015 | Status: Critical Source | 1018 Comments
- Comment #5
- Quote
- Aug 24, 2015 8:32am Aug 24, 2015 8:32am
- 8fingers
- | Membership Revoked | Joined Oct 2008 | 172 Comments
FF = Forex Faggots
- Comment #6
- Quote
- Aug 24, 2015 9:40am Aug 24, 2015 9:40am
- buttons
- Joined Mar 2010 | Status: Member | 58 Comments