Subject: [BLOG POST] The Aftermath – What Happened With The HUGE Trading Losses (and what you should do now)Date: January 30, 2015 1:36:49 AM PST
Hi ron,
About two weeks ago, Switzerland surprised the markets by
removing its exchange rate floor of 1.20 on the EURCHF.As a result, the Swiss Franc's (CHF) value instantly shot up by
as much as 39%, sending the EURCHF pair over a 1000 pips straight
down.As a result, FXCM, the largest U.S. retail foreign-exchange
broker, lost more than $200 million.A few days later, a $300 million bailout from Leucadia National
Corp., the owner of investment bank Jefferies Group LLC, saved
FXCM from violating capital requirements.But what happened with all the $200 million in losses?
How will FXCM recover that money?
And how does this affect traders like you and me?
I've just posted a new article to my blog that explains the whole
situation and what your next step should be.Click Here To Read The Article
To your trading success,
-Dustin Pass
Friday, January 30, 2015
Fwd: [BLOG POST] The Aftermath – What Happened With The HUGE Trading Losses (and what you should do now)
Some of the numbers .. Just quick FYI ... ;)
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