
“This may be the one market where every trader is rooting for a crash. At the new Reserve Bar Stock Exchange in the City of London’s ‘Square Mile’ financial district, drink prices swing up and down according to supply and demand, sending thirsty City workers on a roller-coaster ride in their hunt for the best-priced bender. With its real-time exchange screens, rapidly fluctuating prices and secondary markets, it has the feel of a trading floor, without the unnerving risk of a market tumble. The worst-case scenario — or best, if you will — occurs when drink quotes climb too rapidly, triggering a ‘market crash.’ This results in cheap booze all around.”
http://www.marketwatch.com/story/when-this-market-crashes-traders-get-trashed-2015-07-17
Related posts:
U.S. Hikes Fee To Renounce Citizenship By 422%, to $2,350
Gun Owners Promote Open Carry With Demonstration In Fort Smith
The $10 Hedge Fund Supercomputer That’s Sweeping Wall Street
Drones patrolling U.S. borders spark controversy over privacy
Syrian Christians fear rise of jihadist rebels
White House faces high bar on Syria after Bush Administration’s Iraq lies
FBI created fake Seattle Times Web page to nab bomb-threat suspect
Bitcoin’s Washington problem
Crime-Ridden Camden To Dump City Police Force
Central bankers rethink their devotion to slaying inflation
Europe's lost generation: Young, educated and unemployed
Dying Organs Restored To Life With Mitochondria Injections
'Operation Candy Crush:' Legality of Tennessee CBD raids is under question
Inside the crypto bro fest that took over New York City
Jordanians ‘suspicious’ about U.S. troop movements