Looking at the current market scenario and the past these are very common lines from the sales team of the various
Financial firms and let’s try to observe what is the reality behind those statements :-
Statement: As a Leading dealer with a global platform, we are the major player in the market.
Translation: We have spent a fortune to build this business and are now prepared to spend millions more subsidizing your requirements.
Statement: We have one of the most talented teams in this space.
Translation: Our staff are vastly overpaid and on huge guaranteed bonuses. Continue reading “More from the World of Derivatives”