Singapore
STEPHEN Diggle says market turbulence is certain to surge. But he doesn't plan to resurrect his volatility hedge funds, which made US$2.7 billion in the global financial crisis, as central banks will stop a repeat of the unprecedented price swings reached in 2008.
An unexpected event - a misstep from a major central bank or conflict on the Korean peninsula - could spark a global rout "almost instantly", thanks to the increased prevalence of algorithmic trading, said Mr Diggle, chief executive...
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