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NEWS and REPORTS => World News => Topic started by: Reuters on Aug 05, 2011, 05:02 PM

Title: Insight: Jaded traders ask "What, another crisis?"
Post by: Reuters on Aug 05, 2011, 05:02 PM
LONDON (Reuters) - When Charles Berry started his career as a bonds trader in 1993, he used to draw "point and figure" charts on pieces of paper. He checked his old charts recently to remind himself how calm markets were in those days. Back then, it took three months for a price to move 200 ticks -- the measure traders use to show changes in futures or currency markets. Now the market moves 400 ticks in a week. (http://feeds.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA) (http://feeds.feedburner.com/~ff/reuters/topNews?i=FlgMxq33vns:l3Kpoa2VN1g:V_sGLiPBpWU) (http://feeds.feedburner.com/~ff/reuters/topNews?i=FlgMxq33vns:l3Kpoa2VN1g:-BTjWOF_DHI) (http://feeds.feedburner.com/~r/reuters/topNews/~4/FlgMxq33vns)