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Specialties
Private Investment Conglomerate.
History
Established in 1996.
Private Investment Conglomerate. No public sales.
Meet the Business Owner
Wayne B.
Business Owner
A trader buys and sells securities, which include currencies, stocks, bonds, and options, to make a profit. The worth of these securities is derived from the value of an underlying asset-and commodities (oil, gold, cocoa, coffee, sugar, etc.). Traders are employed by hedge funds (partnerships that invest in stocks, futures, options, and currencies), the fifteen or twenty largest banks in the United States and Europe, and large companies. Primary markets are located in New York, London, Singapore, and Tokyo. A company trades to «hedge» its exposure, much like a gambler «hedges» bets. For example, Microsoft sells products in Europe, where the Euro is the common currency. Today, the value of one Euro may be equal to $ 1.00, but in six months that value could be $ 1.15, meaning the value on the books is worth more when converted back into dollars. The company, therefore, has to offset its foreign exchange exposure. While all markets are cyclical, trading currency is generally the most fast-p