SNB shocker spawns Downfall parody
The internet responds to the crunch facing FX trading platforms post-SNB.
The January move by the Swiss National Bank to break its de facto peg with the euro is still being digested by regulators, investors and dealers. There are serious questions over the role of stop loss orders, the efficacy of a leverage cap for FX retail trading, and the need for better investor education about liquidity.
But, for now, take a well-deserved break and watch this parody of the market crisis, inspired by the 2004 film Downfall. It's arguably the web's most-effective meme.
This time around IG Index is in the line of fire.