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Summer time and the trading ain’t easy

By   || July 16, 2009 at 17:30 GMT
|| 5 comments || Add comment

Hard to make a buck when the markets are essentially flat. To fill the time, let’s play a bit of trivia.

The prize? The admiration of your fellow ForexLive readers….

Here goes: Why is GBP/USD called Cable?

Answer in the comments please.

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5 Responses to “Summer time and the trading ain’t easy”

  1. Peter K on July 16th, 2009 17:34 GMT

    Cause this was the first pair to be quoted on a cable laid under the Atlantic ocean between london and noo yok.

  2. Burt on July 16th, 2009 17:34 GMT

    when the pound was reserve they tradeed via the atlantic cable

  3. dbfusion on July 16th, 2009 17:35 GMT

    I guess because trading was done through cable network between US and Britain under the Atlantic when dinosaurs ruled the planet :P

  4. Jamie Coleman on July 16th, 2009 17:42 GMT

    Well done, both. You have our deep admiration!

  5. Burt on July 16th, 2009 17:46 GMT

    Sean told me last night

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