Wednesday screencast: forex funds
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It seems that for now retail forex is going to be the playground of leveraged traders. The CFTC has proposed rules that continue to allow for retail traders to leverage their funds by 50-1. Retail traders are part of the rising volumes in forex. A report from the BIS shows the global forex volumes continue to surge. The forex market is evolving rapidly, but the big players remain in place. In today’s screencast we wonder if there are any pure plays on forex volume.
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