Since 1619, blacks have sat on the wrong side of the trade in America. First brought here as physical capital, … More
Tag: interbank
Interbank market news scan: FedNow closer to launching; foreign exchange, crypto rates ….
In this small example, the edge could simply be knowing that until an opinion is read fully, you should not assume any price action on a first reading is the right one. A trader should consider understanding the impact of political decision making as part of her edge.
Retail traders fail because they are not necessary to the circulation of currency
The retail trader is not an integral component of this information flow. To the extent that she creates a market for a commodity, currency, that otherwise has no intrinsic value so that the transactions he engages in creates profits for a counterparty bank and taxes for the government is about as far as her relevance goes.
Interbank Market News Scan for 22 July 2022 at 2: 13 pm EDT
CFTC vs Esfand Boragosh: Proprietary trading is for the big boys. In Commodity Futures Trading Commission v. Esfand Baragosh, 278 … More
Interbank Market News Scan for 21 July 2022 at 4: 19 pm EDT . What is a proprietary trading firm? #proptrader
Just what is proprietary trading? Proprietary trading is where a firm uses its own funds, as opposed to its depositors’ … More
Interbank Market News Scan for 19 July 2022 at 10:22 am. Could use of UAE currency put a small dent in demand for dollars?
FX rates as of 10:01 am 19 July 2022 Currency Pair Exchange Rate GBP/USD 1.1944 USD/XCD 2.7000 USD/JMD 149.6640 USD/DOP … More
Interbank Market News Scan for 18 July 2022 at 9:25 am EDT
FX rates as of 8:59 am 18 July 2022 Currency Pair Exchange Rate GBP/USD 1.1867 USD/XCD 2.7000 USD/JMD 149.8960 USD/DOP … More
Interbank Market News Scan for 16 July 2022 at 10:02 pm EDT
FX rates as of 9:59 am 16 July 2022 Currency Pair Exchange Rate GBP/USD 1.1843 USD/XCD 2.7000 USD/JMD 149.8870 USD/DOP … More
Interbank Market News Scan as of 14 July 2022, 9:35 am EDT
FX rates as of 9:06 am 14 July 2022 Currency Pair Exchange Rate GBP/USD 1.1898 USD/XCD 2.7000 USD/JMD 149.4500 USD/DOP … More
The Interbank Market News Scan for 10 July 2022
Interbank, Zimbabwe, inflation, currency. Zimbabwe is considering using the US dollar as the country’s legal tender and selling gold coins … More
Alton Drew's The Interbank Market 