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Tora chief predicts high equity volatility until 2012

Continued surprises in Japan will keep volatility and volumes abnormally high, says Robert Dykes, chief executive of US agency broker Tora Trading.
There are two outlooks as to what is likely to happen in equity markets over coming months after the disaster in Japan, says Robert Dykes, San Francisco-based chief executive of US agency broker Tora Trading. On one hand, some commentators suggest there will be substantial equity price volatility for a few months, which will then settle into its pre-crisis range or even below. But the more likely outcome, Dykes feels, is that volatility will remain elevated and volumes “abnormally…
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