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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: NOW who wrote (62772)1/29/2001 6:03:02 PM
From: Mark Adams  Read Replies (1) of 436258
 
I was looking at it. I was seriously considering a 1 year CD, but then I remembered that I've seen swings in currencies that don't last long enough for a CD to mature.

Not the best trading mechanism, compared to futures or options. I'm reluctant to get into futures, and my discount brokers don't trade options on futures.

So it's a nice function for small players (10k min though) but not a great way to hedge in what could be a dynamic environment. That said, I still think I'll open one.
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