CEO Interview - Efficient risk management ensures smooth sailing – ValuTrades

Graeme Watkins, CEO of ValuTrades, an agency broker says their efficient risk management system has helped them sail through black swan events like SNB-led crash in CHF back in Jan 2015 and last week’s Sterling flash crash. Watkins talks to Tip TV’s Zak Mir.

Key points

Retail Clients continue to be more long than short (contrarians)… they try to pick top and bottom hence go against trend. Plus pound is so low now that they can’t help think there is value down here

Any sort of volatile event is bad… Sterling crash was probably little easier to trade compared to last year’s SNB event

Niche for retail, but experienced traders, we are execution only with focus on Europe

#markets, #forex, #currencies, #trading, #ValuTrades