Fitch Downgrades CSFB 2001-CP4 NEW YORK, Jun 29, 2012 (BUSINESS WIRE) -- Fitch Ratings has downgraded two classes of Credit Suisse First Boston Mortgage Securities Corp., series 2001-CP4 (CSFB 2001-CP4). A detailed list of rating actions follows at the end of this release. Read more on MarketWatch (press release)
The Credit Suisse Group AG is a multinational financial company in Zurich, Switzerland. It has its branches in more than 50 countries. Alfred Escher founded this company in 1856 under the name Schweizerische Kreditanstalt.
Recently the Advanced Execution Services (AES) of Credit Suisse has implemented Algorithmic Trading in India. This is a huge step towards a swift development of their business and in turn, the development of India. Applying algorithm strategies for Indian markets, they are expected to perform more efficiently and attain the best results.
The bank has always brought forth many new technologies to the market. So, the arrival of this trading in India is nothing new from them. They were the first foreign broker to establish Direct Market Access in India in September 2008.
Advanced algorithms with the goal of providing more liquidity can deliver the best results to the clients dealing with the Indian stocks or shares. This was the main aim behind the launch of Algorithmic
Trading in India. Investors can modify the algorithms and alter their marketing policies to match their own business demands. This will reduce the chance of loss in their business and interchangeability of currencies at the minimal price. Even when the market is not stable, business will not be hampered much if these algorithms are used sensibly.
SNIPER is one such algorithm developed to tackle the sharp spikes and their impact on the market. It is a part of the Algorithmic Trading in India, built by them, which has been widely used during the last two years as the market is so volatile.
The AES has not forgotten the old strategic algorithms that diversify the amount of trading based on time and strategies. They also designed strategies and algorithms to counter hazards in implementation of an algorithm. They have successfully done so against huge money making strategies like GUERILLA.
Question by Teacher: A Japanese currency dealer rings Credit Suisse First Boston in London .....? ..... and asks for a Japanese yen to British pound exchange rate. He is told 100 Yen to the Pound. The Japanese dealer then says that he is happy with that but isn't ready to deal today so he agrees to ring back the next day. He rings the next day and asks for the same dealer (hoping to get a similar rate). Japanese gentleman :" Hai ! Can I get 100 yen to the pound today ? " Dealer: " No sorry today it has gone down to 150 yen to the pound " Japanese gentleman: " Hai ! How can it go down so much in 1 day? " Dealer: " Fluctuations " Japanese gentleman: " Fluck you Blitish too ! " Best answer for A Japanese currency dealer rings Credit Suisse First Boston in London .....?:
Answer by West_side2314 (Filipinas Rule)
i get it! thats sooo funny! lmaooo!
Answer by Out of Focus
lol
Answer by mury902
ROFL, good one.
Answer by Limestoner62
I love a good monetary joke.
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