Centralised clearing CME and Reuters is not proven, its apparently going to be some sort of Bond that users will be required to purchase as...
Why dont banks want open market.. liquidity/spread/money making...banks dont want clients to be knowledable about where the fx market rates are...
If I had 15 mio capital Id be sitting on a nice island drinking martinis..and thinking about all those tossers at the banks trying to take my...
Currenex 160 mio 3 pips spread eur/usd/....bs...you obviously been looking at a demo..if thats the case please post a screen dump... Remember...
what they mean by under swiss regulation is that they are so well hidden from the authorities that they sneak under the swiss regulations :)
Yip of course you are right the banks dont want it..and they will try to do everything they can to delay the process..even DB are stepping into...
are you trading on a platform? or over the phone...? I would of thought that if over a platform the rates would have been coming from the banks...
well I would say thats absolute bs.. Nice spreads doesnt mean nice execution...the spread can be 3 pips all day..but when you try to hit that...
Dont trade currenecies, dont trade commodities, dont trade stocks?....can you tell me why your are on a forum called Elite trader?
of course there is a huge chance that it ends up like the futures market..centralized clearing..yes..its part of the way there with CLS. EBS...
Which platform at FXCM are you talking about anyway? They already state that they take spread on all client trades... If its a request for...
Thats true but I think the market obligation is to actually advise your clients your are doings so...i.e most retail platforms will print up front...
Not bad system, hearing rumours that they are taking spread on clients without telling them and charging brokerage...could be v expensive...
Hearing rumours that on one of the big platforms they are taking a cut on the rates without telling the banks? Unlike some where they tell you...
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