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Are
> you watching the futures or the forex or both? What is "cable"?
>
> Earl
>
> -----Original Message-----
> From: Essan Soobratty <trader@xxxxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Date: Thursday, June 18, 1998 10:00 AM
> Subject: Re: FUT: Currencies
>
> >Earl,
Steven Poser wrote:
> >
Cable is the exchange rate against the USD. Volume on the futures market
in forex is not always representative of volume in the spot market which
is much more important and not reported since it is OTC
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