Liquidity provider career?

Discussion in 'Professional Trading' started by Done 777, Sep 29, 2008.

  1. Done 777

    Done 777

    I'm just wonder, does any over-the-counter platform pay for small individual liqiuidity providers for make a lot of transactions.

    I ask, because in past i made o loooot of transactions at oanda - $10s mio a day and i don't earned any break cent.
     
  2. MTE

    MTE

    This is how they make money, so why would they be willing to share it with you?
     
  3. Done 777

    Done 777

    so maybe any ECN?
     
  4. Surdo

    Surdo

    Buy an ECN for a few hundred million!
     
  5. Done 777

    Done 777

    unfortunately I don't have even a million $
     
  6. Old thread but i have found myself asking the same question.

    Hypothetically, if an individual have an algo that play huge number of transactions " number-wise and volume-wise". Also, it is mostly using pending orders. What benefit he or she can get from retail brokers?

    I know he can negotiate for better cost of transaction. Or rebate

    but are these only the two options. Is there a possibility that his algo could could participate in the game as a liquidity provider.. especially if it is 90% pending player?
     
  7. if you have such an algo, then you probably want to stop trading retail and find yourself a decent prop shop where you can get liqudiity rebates passed through... (along with some good ole sweet inhouse leverage)
     
  8. He's talking about FX...

    The only FX broker I know that has a 'pay for adding liquidity' type setup is MB Trading.

    Though, you gotta view this from a total cost perspective (spread +/- charges.) And you'll be punished for taking liquidity when you need to bail from a position.
     
  9. You're right. I totally missed it when I read through the thread.

    Thnx 4 clarifying