Why Banks were so Aggressive to Forex Brokers back in the 1980’s
A discussion about what roles the discount brokers played, and how they for the most part self-regulated.
Richard “Dick” Matthews from GC Partners joined Blake Morrow on this latest episode of Tales from the Trading Desk. This video series is all about what it was like in the trading industry back in the 1970’s, 80’s, and 90’s. In this episode Dick and Blake get into a friendly discussion about why banks were so aggressive to Forex Brokers in the 1980’s.
They further go on to talk about what roles the discount brokers played, and how they for the most part self regulated, which is very different from today where there is a lot of financial regulations in all countries.