An odd question, and I'm not sure anyone here will actually have the answer, but I'm looking to start a forex market maker. The thing is, I won't open it to the public. It'll only be for clients that I agree to take on, and it will only be managed accounts. My question as far as requirements go is two fold... 1. What do I, personally, need as a qualification (ie, series 7,etc) in order to manage other accounts (from a regulatory standpoint)? 2. How do market makers like Oanda or IB get their forex quotes - ie, do they connect through an intermediary bank? Is there anywhere online I can go to see what access like that would cost? Thanks in advance.