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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
be longs?
mutiny among shipmates...
It may go below 1.30 again but recovery to 1.32 will come. Then we'll see further.
Well then London brokers will love it.
Cameron calms Schauble listen we here in London ya know we have officials doing trading. One to find opportunities another to check entries another to determine exit one to write the trade on paper form with rationale, one to check the rationale, one to check the trade against the rationale, one to hand the paper to a student who enters the trade. That takes days! Not a sign of HFT!
Schauble is impressed. You get along with so little staff? We need 123 officals! Plus 91 in reserve in case some of the staff takes a sick leave which happens 37 days per year.
So we can all trade from London no danger of breaking the anti HFT law.