[If the Fed starts with a standard approach, record bets on "big moves" will face huge losses] Golden Finance reported that if Federal Reserve officials choose to open the interest rate cut with a standard approach, then the related record bets may cause traders to suffer heavy losses. Data compiled by the media show that in the October federal funds futures that investors use to bet on Wednesday's decision, trading activity has soared to the highest comparable level since the contract was launched in 1988. Most of these new bets are betting that the Federal Reserve will cut interest rates by 50 basis points. Data shows that related positions have surged since this week. Subadra Rajappa, head of U.S. interest rate strategy at Societe Generale, said this puts the market under great selling pressure when the Fed's interest rate cuts are small and Jerome Powell conveys a gradual message. "If the Fed cuts interest rates by 25 basis points instead of 50 basis points, the market reaction will be much stronger," she said. "Arrangements, optimism, looser financial conditions and other statements may be tested."