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Strategies & Market Trends : Waiting for the big Kahuna
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To: Bonnie Bear who wrote (8370)10/29/1997 10:16:00 AM
From: Mark Adams  Read Replies (1) of 94695
 
marktwain.com also offer CDs or Demand deposit accts in foriegn currency. They are a newly aquired arm of Mercantile Bank NA.

The Accounts are FDIC insured against 'Bank failure', not currency losses. I couldn't determine if there was a fixed percentage above spot that they charged for currency exchanges- they say no fees.

To really leverage, you have to look at the Futures market, where I do not tread. Yesterdays flux was enough for me, with the market moving too fast for me to do much but watch.
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