A forex dealer in NZ closed it's doors last night.
IG said it lost millions....
I wonder if this is threatening the security of some of the trading houses?
Also I don't know about 'fake money' but it's certainly cheap money. If you meant leveraged as fake you're right on the ball. Hedge funds, merchant banks etc. derivatives of all types tied up in ways no one knows for sure.
Two recent shocks...oil and now the SNB. What's next?
