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ronin266

Registered: Jul 2006
Posts: 241

06-18-12 04:20 PM

Quote from emg:

http://en.wikipedia.org/wiki/Tradin...Destroyed_rooms

good luck on your plan

lol, well, in fact I started the thread to find how can I check if a broker is committing fictitious trading.

I think that I should just email SEC and FINRA, maybe they will be able to give some hints about this orderID stuff

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emg

Registered: Feb 2010
Posts: 5423

06-18-12 04:33 PM

Quote from ronin266:

lol, well, in fact I started the thread to find how can I check if a broker is committing factious trading.

I think that I should just email SEC and FINRA, maybe they will be able to give some hints about this orderID stuff

http://www.futuresmag.com/2010/10/2...-capital-459000

In the world of FX, it is easy to commit factious and fictitious trade among the brokerages and traders because there is no standing exchange like stocks and futures exchanges.

u, as a small trader have no chance to win against the house because u are small if factious trade is committed. Only big traders have chance to win against their brokerage because they have money lots of lots of money.

P.S

The trading system is design for big traders and institution, and not for small trader.

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ronin266

Registered: Jul 2006
Posts: 241

06-18-12 04:55 PM

I know that FX operates that way (that´s the main motive I stay far away from it, and recommend everyone to do the same).

I didn´t had any suspicions about equities because before everything was centralized and they had a lot of regulating entities who watched the business. But lately I started trading in a more technical way, and some doubts arose about it, and wanna check this.

BD cannot manipulate the quotes themselves as in some of the FX worst cases that I heard of. But getting an execution when it wasn´t suppose to happen, or being unable to help a level get trough can really affect the trading process.

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