Manage forex trading
Published: Sunday | February 22, 2009
President of the Small Business Association of Jamaica, Edward ChinMook, says Government should look at establishing a foreign exchange trading risk management IT platform to manage trading.
According to ChinMook, the current trading system is one that is determined heavily by authorised dealers and cambios.
He says, currently in Jamaica, the standard asset-market approach tends to ignore the activities of central banks on the foreign-exchange market, which can have a decisive effect on the developments of exchange rates and the efficiency of the market.
