-
Pound Is 'Untradeable' as Brexit Drama Fuels Volatility Spikes
Wall Street is finding it harder to trade sterling as the drama surrounding Brexit roils the British currency. The pound’s short-lived rally on Wednesday after U.K. Prime Minister Theresa May secured Cabinet backing for her draft deal turned to aggressive selling on Thursday as several ministers resigned and questions of a leadership challenge arose. Cable’s one-month implied volatility spiked to the highest level since 2016 as the pound posted its biggest drop in more than a year against the dollar. While passive algorithmic strategies can handle the extreme, headline-driven swings, it makes for a tough ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Nov 15, 2018 2:25pm Nov 15, 2018 2:25pm
- Mr.To
- | Joined Jul 2017 | Status: Member | 75 Comments
- Comment #2
- Quote
- Edited 7:02pm Nov 15, 2018 2:32pm | Edited 7:02pm
- NotAtrader
- Joined Oct 2016 | Status: NotAtrader, A Money Machine. | 3545 Comments
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
- Comment #3
- Quote
- Nov 15, 2018 2:39pm Nov 15, 2018 2:39pm
- Aussi
- Joined Sep 2013 | Status: Member | 4051 Comments
KEEP THIS THREAD CLEAN
- Comment #4
- Quote
- Nov 15, 2018 3:01pm Nov 15, 2018 3:01pm
- nbfx
- | Joined Oct 2010 | Status: Member | 1490 Comments
- Comment #5
- Quote
- Nov 15, 2018 3:08pm Nov 15, 2018 3:08pm
- ziggetty
- | Joined Aug 2009 | Status: Member | 1 Comment
- Comment #6
- Quote
- Nov 15, 2018 3:17pm Nov 15, 2018 3:17pm
- Brentrading
- | Joined Dec 2007 | Status: Member | 108 Comments
- Comment #7
- Quote
- Nov 15, 2018 3:19pm Nov 15, 2018 3:19pm
- Brentrading
- | Joined Dec 2007 | Status: Member | 108 Comments
- Comment #8
- Quote
- Nov 15, 2018 3:36pm Nov 15, 2018 3:36pm
- Ojiego
- | Joined Jan 2015 | Status: Critical Source | 1018 Comments
- Comment #9
- Quote
- Nov 15, 2018 4:18pm Nov 15, 2018 4:18pm
- Ratmach
- Joined Dec 2014 | Status: Member | 357 Comments
- Comment #10
- Quote
- Nov 15, 2018 4:18pm Nov 15, 2018 4:18pm
- Mattmee
- | Joined May 2016 | Status: Member | 127 Comments
Dragon Shepherd
- Comment #11
- Quote
- Nov 15, 2018 4:23pm Nov 15, 2018 4:23pm
- Ratmach
- Joined Dec 2014 | Status: Member | 357 Comments
- Comment #12
- Quote
- Nov 15, 2018 4:56pm Nov 15, 2018 4:56pm
- Mattmee
- | Joined May 2016 | Status: Member | 127 Comments
Dragon Shepherd
- Comment #13
- Quote
- Nov 15, 2018 5:12pm Nov 15, 2018 5:12pm
- MonkeyDick
- | Joined May 2018 | Status: Member | 19 Comments
- Comment #14
- Quote
- Nov 15, 2018 5:45pm Nov 15, 2018 5:45pm
- c0ldsun
- | Joined Nov 2015 | Status: Member | 83 Comments
- Comment #15
- Quote
- Nov 15, 2018 6:13pm Nov 15, 2018 6:13pm
- Lamplighter
- | Joined Sep 2017 | Status: Member | 1006 Comments
- Comment #16
- Quote
- Nov 15, 2018 6:18pm Nov 15, 2018 6:18pm
- Guest
- | IP XX.XX.146.72
- Comment #17
- Quote
- Nov 15, 2018 6:45pm Nov 15, 2018 6:45pm
- thelordpip
- | Joined Jan 2016 | Status: Member | 60 Comments
- Comment #18
- Quote
- Nov 15, 2018 8:27pm Nov 15, 2018 8:27pm
- exofabulous
- | Joined Sep 2015 | Status: Member | 54 Comments
- Comment #19
- Quote
- Nov 15, 2018 10:32pm Nov 15, 2018 10:32pm
- Aussi
- Joined Sep 2013 | Status: Member | 4051 Comments
KEEP THIS THREAD CLEAN
- Comment #20
- Quote
- Nov 15, 2018 11:38pm Nov 15, 2018 11:38pm
- Officepen
- | Joined Nov 2018 | Status: Member | 2 Comments
- Comment #21
- Quote
- Nov 15, 2018 11:59pm Nov 15, 2018 11:59pm
- Aussi
- Joined Sep 2013 | Status: Member | 4051 Comments
KEEP THIS THREAD CLEAN