Please, a good currencies futures broker

Discussion in 'Retail Brokers' started by crashout, Mar 26, 2007.

  1. crashout

    crashout

    Hello all,

    I trade exclusively forex, but i want to switch to currencies futures.

    Please please tell me some brokers

    And i want to ask you something ; is it possible to trade the gbpjpy in futures, because i feared on futures of gbpjpy the low liquidities and volatilities

    Please tell me, thanks
     
  2. Of Course there is IB... T
     
  3. Not to my knowledge, everything is based against USD. JPY/USD, etc.

    Velocity Futures and Pro Active Futures are both pretty darn good. Also V Cap futures and Mirus Futures too.
     
  4. Surdo

    Surdo

    The ONLY liquid futures pairs are:

    EURUSD
    GBPUSD
    USDJPY
    USDCHF
    USDCAD
    AUDUSD

    There are a few others with anemic volume on Globex!

    You could create a few synthetic pairs if you had to.

    lefty
     
  5. MGJ

    MGJ

    Yes. They trade on FINEX where the symbol is SY ("Sterling over Yen" = SY). See http://www.nybot.com/marketInfo/contractSpecs/showCurrencySpecs.asp?productGroupID=19 Of course, your data vendor may use a different symbol than the exchange uses ....

    Most people enter and exit via "EFP" transactions. On Friday, 23-March-2007, 1669 contracts were traded. All but two of them were EFP's (see below). Is this sufficiently liquid for your needs? Only you can answer.


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