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Online Share Trading

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rand futures

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Dancing_Queen
Contributor
what are the codes for these - can't seem to find them
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4 REPLIES 4
SimonPB
Valued Contributor
you can only trade them off line at the moment. Online trading will be live from late August.
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Tango
Super Contributor
The code is C UR ASS
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Preston
Super Contributor
Tango, how much are you losing?
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Tango
Super Contributor
I took a small knock last week - got out of all geared long positions immediately and missed the worst of it. Down R7k last week. My point was I wouldn't go near a currency future on the Rand. Nobody seems to know which way it's going to go. Trading futures is a zero-sum game,and you are pitted against deep-pocketed professionals. Good luck to those who can profit on Rand future speculation. It's probably a great instrument as a hedge or for forward cover, but I wouldn't go near it as a speculator.
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