The SNB Crisis Lesson: Only the Strong Will Survive

Moderator: moderators

kreslik.news
rank: 5000+ posts
rank: 5000+ posts
Posts: 5163
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 0
Gender: None specified

The SNB Crisis Lesson: Only the Strong Will Survive

Postby kreslik.news » Wed Jan 27, 2016 4:50 pm


This article was written by Michael Davies, Senior Sales Manager at Sucden Financial.


Currency crises are inevitably going to happen from time to time. History has shown us that anything is possible – and the Swiss National Bank events last year were a reminder of this and confirm my view that, in the long-term, only the financially strong firms will survive.
I believe that many brokerages have learned valuable lessons from the SNB crisis. For example, there has certainly been a noticeable shift from cost to counterparty risk. The majority of brokers we speak to are now more focused on working ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”