Facebook’s foreign exchange and foreign stock exchange definitions are ‘frivolous,’ says CEO

Facebook CEO Mark Zuckerberg announced today that the company will begin using an updated foreign exchange rate algorithm for its foreign exchange trading in 2017.“We are updating our foreign exchange market definition to be more accurate and to better align with what the U.S. Treasury uses,” Zuckerberg said in a statement.“The U.K. Government’s current approach […]

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