#Commodities, #Geneva and the Swiss franc @FT

 According to the Swiss Trading and Shipping Association, the country’s commodity sector consists of about 500 companies which account for SFr20bn, or 3.5 per cent, of the country’s GDP. The industry employs between 10,000 and 12,000 people. 

"... in true trader style, what upset Swiss-based dealers most about the currency jump seemed to be the missed opportunity of not being able to take advantage of the government’s decision...Some traders were more frustrated about the limited ability to profit from the volatility...."

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#Commodities, #Geneva and the Swiss franc @FT


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