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FX Concepts

Zerohedge, World’s One-Time Largest FX Hedge Fund On Verge Of Shutdown, here.

Sadly as more and more HFT algos move from the barren wasteland that is now stocks to dominate FX trading, yet another old-school, carbon-based investor is pulling out, meaning all those ridiculous moves we have grown to know and loathe in stocks land are about to dominate FX. The only problem is that 1000 pip moves in FX are not quite as easy to undo as a flash crash taking down any one individual stock, ETF or index to 0 or alternatively sending it to infinity.

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