When a currency’s value plunges at its fastest pace in 20 years, who’s trading during the commotion? A new data set based on millions of foreign exchange transaction records attempts to shed light on what’s going on during the most frenetic moments in markets. Researchers at JPMorgan Chase Institute, the bank’s global think tank, analyzed 395 million trades processed by the bank’s markets division to determine what exactly happens during a market plunge. It looked at three major events, two of which were scheduled and one...

Source: Wall Street Journal June 05, 2018 10:52 UTC