Power Reverse Dual Currency Notes (PRDC) were said to be responsible for the rapid spike in the yen last night after the Senate killed the auto bailout. Another structured, exotic derivative gone arwy, like CDOs and CDS before them.
Power Reverse Dual Currency Notes (PRDC) were said to be responsible for the rapid spike in the yen last night after the Senate killed the auto bailout. Another structured, exotic derivative gone arwy, like CDOs and CDS before them.
Most Popular
Stock Daily Updates
Top Forex Brokers
Must Read