"Often the markets lack the kind of transparency that many Western investors are familiar with, even given the financial crisis."
Wouldn't be talking about the type of transparency we see in the S&P ES half an hour before opening, and on the SPX when the stick-save special decides to run in the afternoon, would you? As for GS, they might well have invented the BRIC acronym to sell a story, but compared to what they do to (not 'in', but 'to') US markets every trading day that's a pretty insignificant 'crime'.
BRIC or CRIB? [View article]
Wouldn't be talking about the type of transparency we see in the S&P ES half an hour before opening, and on the SPX when the stick-save special decides to run in the afternoon, would you? As for GS, they might well have invented the BRIC acronym to sell a story, but compared to what they do to (not 'in', but 'to') US markets every trading day that's a pretty insignificant 'crime'.