Tag Archives: Olympic Games

The Top 10 Reasons Why Competing in The Olympic Games is Like Just Another Day Trading FX

The Olympic Spirit is alive in FX Markets. There are more than just a few similarities between what is happening in London and developments in global FX markets. Consider a few key characteristics and draw your own conclusion.

Reason #10: Foul play can lead to disqualification

London 2012: A Swiss and a Greek athlete sent home for racist tweets, other athletes leaving suddenly due to ‘illness’ that is rumored to be linked to doping

FX Markets: Google CFTC and enforcement or go here: http://www.cftc.gov/LawRegulation/Enforcement/EnforcementActions/index.htm

Reason #9: Audience participation

London 2012: In many venues, many seats are empty and emergency measures are in place to fill them

FX Markets: Semi-annual survey data for FX spot shows that here also, volumes are down in double-digit numbers in key arenas

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