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Goldman Sachs not accepting stop-loss orders on the Peso
Posted on 11/8/16 at 11:57 am
Posted on 11/8/16 at 11:57 am
LINK
What is GS seeing? Are they expecting the Peso to tumble? If so, that's a good sign for a Trump presidency.
quote:
A number of retail currency trading platforms have also already raised margins clients must hold against open currency bets for fear of sharper moves in the dollar and Mexican peso. One Goldman Sachs client said the bank told clients on Monday it would not accept new stop loss orders on the peso until further notice.
What is GS seeing? Are they expecting the Peso to tumble? If so, that's a good sign for a Trump presidency.
1
Posted on 11/8/16 at 11:59 am to Jyrdis
They aren't expecting it.
It's that their office has been flooded with requests for it, to the point that it may be exceeding their ability to process them if they go live.
Take it as it is. Not that some big, high level analysis is leaning towards a Trump win.
It's that their office has been flooded with requests for it, to the point that it may be exceeding their ability to process them if they go live.
Take it as it is. Not that some big, high level analysis is leaning towards a Trump win.
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