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Serious SGX got new idea! Promoting gambling in forex!!
- Thread starter krafty
- Start date
- Joined
- Aug 14, 2008
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- 9,878
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- 113
I think this is a smart move because HK financial center status is being destroyed by CCP. So it is only normal for Singapore government to try to take over this position as quickly as possible.
By right Japan is the next best country to take over HK position in Asia, but because of Japan's inability to communicate in English and the financial laws are a little bit different, Singapore is the next best candidate because of the common laws with HK since both are previous British colonies. Well, at least that is how I see it.
By right Japan is the next best country to take over HK position in Asia, but because of Japan's inability to communicate in English and the financial laws are a little bit different, Singapore is the next best candidate because of the common laws with HK since both are previous British colonies. Well, at least that is how I see it.
Last edited:
- Joined
- Feb 17, 2009
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- 13,736
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i think the idea of promoting sg as a forex ctr is uncalled for. currently, london and tokyo are the biggest forex centres in the world. pple are smarter these days and retail forex trading is like a ghost town nowadays as many traders know forex trading is rigged and are shunning away. it's unwise to spend 128 million unwisely to acquire a forex platform just like that without using much brains.
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