I end up doing a load of work on this for businesses who were suing banks as they were pushed into it and subsequently lost loads of money.
In a different life, we were pricing XEU/OIL swaps with digital payouts as hedges for small corporates.
Suitability (and Mifid) must have put paid to that sort of horseshit.
@NotThamesWater started
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
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I end up doing a load of work on this for businesses who were suing banks as they were pushed into it and subsequently lost loads of money.