A
large financial institution that has billions to trillions in
capital. These are your market movers, i.e big banks, hedge funds,
mutual funds.
SND: "The swiss franc
will never drop below 1.2 EUR"
Innocent trader: "WoHoo, I'
m going to put 70:1 on this trade"
Big
money: "these innocent traders are 70:1 long...I'm going to do the big short"
*CRASHH!!*
innocent trader: "my life is over.. now I have to sell my house..."