Subject:
Derivative Strategy A derivative strategy is a technique that involves one or more derivative instruments, such as futures, forwards, or option contracts, in such a way as to hedge, control, or otherwise limit risk, or to switch, exchange, or transfer risk from one party to another, usually for a consideration.
Phony financial reform
By John Schroy, on July 17th, 2010 |

Unfortunately, instead of a ‘game-changing’ confidence-inspiring reform, the Obama administration presented the United States with the Dodd-Frank Act — a legislative miscarriage that has the potential to hold back recovery and impair the position of New York as a world financial center for decades — unless repealed or drastically amended.
Fat-Finger Thursday:
By John Schroy, on May 10th, 2010 |

On May 6, 2010, the Dow Jones Stock Index, at about 2:30 PM, fell almost one thousand points, before recovering when traders discovered that there was no real news justifying the crash in prices. The day will forever be know as ‘Fat-Finger Thursday’, in remembrance of the first inclination to blame the crash on supposed mistaken data entry by some trader, somewhere. Later, the authorities came out and declared that there was no “fat finger”, but that the cause for the anomaly was unknown and under investigation.
Decline of the dollar
By John Schroy, on June 20th, 2007 |

Since 2003, the US dollar has fallen almost 50% against the Brazilian Real. What caused this to happen and what does it mean for the future of the dollar?
The reason for the strong real is the excess of Brazilian exports over imports. Government policy resulting in extremely high internal interest rates attracts holders of these dollar reserves to invest in short-term Brazilian debt.
However, not all is rosy in Brazil.
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