Which brokers did you find that fell into category 3? 5pm ET for rollover is the industry standard. I've never heard of any brokers/banks performing it at different times other than Oanda which has 24/7 accrual.
So far I looked into DukaScopy MBTrading Deutche bank Forex Club CMS Oanda Saxo Bank Man Financial TradeStation questrade Thanks [/QUOTE] Then you already have your answer - right?
There was a pizza company whose TV commercials went like, "what do you want on your tombstone?" They should team up with the bucket shop, I mean Forex outfit that offers greater than 100:1 leverage
With great leverage fxcm - they offer 250$ for GBP/JPY on demand ,that is 1:800 or 1:400 to usd/jpy gftforex - 1:400 initial ,1:1600 liquidation fxsol/proedgefx -1:400 initial All have 20+ mln $ of capital ,but all are not pure agent ,which to date is only hotspotfx ,which offer only 1:50 Your respectfully
That's what the OP is after, of course. However, if one does the math, I believe any potential arb is immediately killed by the spreads, at both dealers. Each 1% of swap rate &asymp 0.27 pip per day... not nearly enough to offset, let alone beat, the multi-pip spread costs. Leverage would not help at all - for this purpose it multiplies the swap rate and the spread equally. Which makes this otherwise interesting idea a non-starter, in practice. That's with the likes of FXCM, er, DBFX and Saxo and their artificial, inflated spreads. Now, if you had a couple of true ECNs with different rollover times...