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Are they subject to a different set of laws ?
Profile | Posted by | Options | Post Date |
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OneFootInTheGrave | Report | 13 Nov 2014 15:51 |
Thanks Rollo very informative, I don't know much about the Dutch Tulip mania except that it was something to do with people speculating on the tulip bulb market. |
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Dermot | Report | 13 Nov 2014 15:00 |
As we build a society where only the rich have a real stake in our way of life & where the creation of wealth is the most prized virtue, we establish an underclass who steadily lose hope of living other than at the margins of society. |
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RolloTheRed | Report | 13 Nov 2014 14:38 |
The usual method of working out forex ( foreign exchange ) contracts relies on Black-Scholes option pricing and some parameters usually known as "the Greeks". Forex trading may seem somewhat arcane to some and vexing to others ( especially the French & Russian govts ) but there is nothing illegal in it. Without it world trade would gum up in no time at all. |
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OneFootInTheGrave | Report | 13 Nov 2014 13:29 |
The Financial Conduct Authority (FCA) has imposed fines totalling £1,114,918,000 on five banks for failing to control business practices in their foreign exchange trading operations, in levying the fines they said, the failings at these banks undermine confidence in the UK financial system and put its integrity at risk, they also said in their finding:- |
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