17 June 2016 – Swiss and global market roundup. Brought to you by Investec Switzerland. The Swiss Market Index (SMI) is set to post one of its largest falls since February this week as growing uncertainty around the result of Britain’s referendum on its membership of the 28-nation European Union bloc led to a global sell-off […]
Trauma of SNB haunts currency traders planning for Brexit vote
Brought to you by Investec Switzerland. Foreign-exchange traders, bracing for chaos on the night of Britain’s European Union referendum, are preparing to fall back on techniques perfected before the era of computerized transactions. Banks are ready to draw on lessons learned after some electronic platforms failed during the storm of volatility that followed the Swiss […]