Be Careful before entering the pair trade to make sure the two assets are diverging from each other.
About a hundred city-pair contracts will trade, predicts Thomas Gros, vice president of bandwidth trading for Enron.
The federal agency in charge of Fannie Mae and Freddie Mac declared that the mortgage pair would no longer trade on the New York Stock Exchange.
The pair will be able to trade in the centre rent-free for six months.
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For the time being it looks like it could be a very volatile trade in this pair with rapid swings between the levels of 1.5500 and 1.5700.
The technical trade on this pair has been extremely important.
"It immediately spoke to the fund pair being both sides of the trade, " he says.
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The greenback dropped 0.9% against the Japanese currency overnight as comments made by Japan's economy minister Akira Amari over the weekend continued to weigh on the pair during European and U.S. trade.
With only a high school and trade school education, he parlayed a pair of early inventions into seed money for a company based upon a single idea:that amorphous and disordered materials could be better and cheaper than structured, crystalline ones to create and store energy and information.
With only a high school and trade school education, he parlayed a pair of early inventions into seed money for a company based upon a revolutionary idea of physics: that a random, amorphous collection of atoms would be more powerful and cheaper than structured, crystalline ones to create and store energy and information.
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Wells' trade to the Yankees was finalized Tuesday, when New York dealt a pair of minor leaguers to the Angels: outfielder Exircado Cayones and left-hander Kramer Sneed.
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