DislikedHello, I'm a reporter with The Wall Street Journal and I'm looking to interview anyone who is grappling with negative account balances after trading the Swiss franc through FXCM or other retail brokers. You can reach me via email: james dot ramage at wsj.comIgnored
1. We knew this was coming we just didn't know exactly how and when.
2. People trading CHF were playing chicken with the SNB. Trading an illiquid instrument on margin is about as risky as you can get.
3. Responsible brokers were limiting leverage (giving customers enough rope to hang themselves but not take everyone else with them). As for the brokers that exposed themselves to huge losses, well you have to question whether these people are fit and proper to look after other people's money.