Friday, February 26, 2010

FX comment: CME maths doesn’t add up

by Alexandra Fletcher

CME Group clearly has no problem shamelessly pushing their products on the back of their third annual global FX market survey, but perhaps they should take some mathematics lessons first.


According to the survey, CME says that “concerns about latency saw a 13% increase, up from 16% to 29%.”

This reporter was about to commit the numbers to paper when a colleague pointed out that the increase from 16% to...


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