The legendary trader & longtime chairman of the CBOT has passed away at 78. http://www.smithcorcoran.com/obituary/karsten-cash-mahlmann/  As it reads in his obituary, Cash was the epitome of the American Dream having boarded a freighter when he was 20 years old to find his fortune in the United States. Mahlmann grew professionally from being a runner at the Chicago […]

Certainly, one of the most prominent topics in the FX world is, “Who is trading FX?” Treasurers in the large institutions have been using FX to hedge their profits for years. Why? The answer is simple. When billions of dollars are at risk, a small percent change in the exchange rate of a currency will have a […]

In a recent article by Will Shepherd of OZForex, Will addresses volatility and the fall of the Aussie Dollar (“AUD”) It’s creating real problems for small medium enterprises (“SME”). In fact, he calls it a threat that affects bottom line costs of companies who rely on importing goods.  He gives 5 logical areas to deal with the issue. […]

Here’s another example of a company with ties to Foreign Exchange that is enhancing their offering with options.  With the most recent announcement with Fenics, TTT Moneycorp Ltd “MoneyCorp” is adding the award winning risk management system, Fenics Professional, to their back-office. Why would a company with over 50 years experience in exchanging currency for […]