CFD market making & algorithmic trading

Discussion in 'Professional Trading' started by billyqie, Sep 17, 2009.

  1. billyqie

    billyqie

    Hi guys,

    I'm new to CFD trading. Does anyone know CFD market making using algorithmic trading technology?

    Going to join a CFD market making firm in Singapore.
    1)How profitable is this business?
    2)Will it be a good idea to use algo trading in market making business?
    3)is there any disadvantage using Market Making, comparing with DMA? (especially consider using algorithmic trading technology)

    I used to do algo trading for futures position trading, trend following, arb.. but not CFD market making.

    Thank you for your inputs in advance!

    :)
     
  2. cfd is in the same class as retail forex, a field where the bucketshops scam the noobs.