Risk interdealer rankings 2012: Dealers

Humps, back-downs and whales


In 2010 and 2011, markets started the year in relatively benign mode, before eurozone meltdown fears asserted themselves, resulting in prolonged periods of high volatility and high correlation. As fragile confidence was jolted, investors that had returned to the market responded predictably – by fleeing for safer assets.

This year has been different. The outlook for the eurozone remains as uncertain as ever – and the stakes as high – but investors have chosen to sit on their hands, and dealers

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