Market uncertainty triggered by British voters’ decision to quit Europe could benefit the derivatives market, says Freight Investor Services boss John Banaszkiewicz.
Uncertainty breeds volatility, a necessary element for trading paper, but Banaszkiewicz says that this morning commodities, such as iron ore, had remained calm following the Brexit decision.
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“There has not been any major panic or sell-off, trade up or trade down,” he told TradeWinds.
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