FX Markets

LOOSE CHANGE

LOOSE CHANGE

Talk about bad luck, one Citibank spot trader ran into some earlier this year. Sources in London say that the trader found himself out of a job after his portable phone slipped into the wrong hands. Apparently, this young FX trader, who had managed to rent the phone through the bank, lost track of the unit. Its disappearance didn't spark much cause for alarm until several weeks later when he was presented with a phone bill that totaled £30,000. His failure to come up with money to cover the bill

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