cryptocurrency

the essence of the Ukrainian market

About the lack of a market.

on a tip[info]coolko 

Ukrainian Investment Summit in London

`` One of the brightest speeches of the first day was the report of Jacques Mounier, Chairman of the French Investment Bank «CrediAgricol». Kamrad stated, that there is no stock market in Ukraine. That is, in general."

Not that, to agree. Rather, I see no reason to deny it because the fact. Stories about, what and you look at yourself at the stage of formation does not roll, for 'their markets" they were just the place to attract capital even in the primeval times. What truth doesn't mean, that we have no market. There is a market, but this is not the `` stock market ''.

About speed in the market.

Our market is very fast, like all hybets (maybe). While, especially now, entry / exit should be intraday, large number of people (I do not pretend to be objective in the sample) still reasoning in two days. Well, then you know: los is expanding, becomes uncomfortable, as a result, they completely score on him. Stack piking, gy-gy.

IMHO, it's not a human problem, it's even an infrastructural problem, historical, so to speak. I've always wondered, how can a commentary be broadcast at the market opening in an hour and a half, and even funnier, when it happens after lunch. In the end, it can be very, very funny.

Federal Reserve Assets

Doesn't feel like owning stock, really need to find out, what's in the portfolio of Maiden Lane ( This is a holding company created with the purchase of JP Morgan Bear Stearns). In this portfolio then, that, according to the Fed's definition, it is very risky to keep JP Morgan on the bail. Probably some kind of illiquid.

9. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Nov 18, 2009     Nov 11, 2009     Nov 19, 2008

Assets
Gold certificate account                                           11,037                0                0
Special drawing rights certificate account                          5,200                0       +    3,000
Coin                                                                2,037       -       23       +      389
Securities, repurchase agreements, term auction
      credit, and other loans                                   1,994,607       +   75,616       +  721,678
  Securities held outright (1)                                  1,776,618       +   74,852       +1,287,692
    U.S. Treasury securities                                      776,527       +        7       +  300,102       
      Bills (2)                                                    18,423                0                0
      Notes and bonds, nominal (2)                                707,649                0       +  297,158
      Notes and bonds, inflation-indexed (2)                       44,643                0       +    3,572
      Inflation compensation (3)                                    5,813       +        7       -      627
    Federal agency debt securities (2)                            153,049       +    3,376       +  140,548
    Mortgage-backed securities (4)                                847,042       +   71,469       +  847,042
  Repurchase agreements (5)                                             0                0       -   80,000    
  Term auction credit                                             109,456                0       -  305,846
  Other loans                                                     108,532       +      763       -  180,170
Net portfolio holdings of Commercial Paper 
  Funding Facility LLC (6)                                         15,043       +      744       -  255,836
Net portfolio holdings of Maiden Lane LLC (7)                      26,349       +       10       -      570
Net portfolio holdings of Maiden Lane II LLC (8)                   15,766       +       33       +   15,766
Net portfolio holdings of 
  Maiden Lane III LLC (9)                                          22,951       +       19       +   22,951
Net portfolio holdings of TALF LLC (10)                               231       +      231       +      231
Items in process of collection                         (279)          450       +       39       -      665
Bank premises                                                       2,228       +        2       +       50
Central bank liquidity swaps (11)                                  28,278       -      810       -  533,812
Other assets (12)                                                  87,764       -    2,093       +   50,074
     
      Total assets                                     (279)    2,211,939       +   73,766       +   23,253
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