In the currency market, it's easy to go from hero to zero at the speed of light – something traders are discovering in the wake of the Swiss currency debacle.
The Swiss central bank abruptly lifted its 3-year-old cap on the value of the Swiss franc vs. the euro Thursday, sending the value of the Swiss currency soaring.
The violent swing in the currency market left FXCM, the largest retail currency trader in the USA, teetering on collapse.
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