Will IB provide access to FXMarketSpace?

Discussion in 'Retail Brokers' started by Hayek, Feb 13, 2007.

  1. Hayek

    Hayek

  2. lite

    lite

    will it happen?
     
  3. cstfx

    cstfx

    Supposedly IB will integrate their platform to access Fxmarketplace, but don't know how they would make it accessible to the average trader. According to FxM's FAQs, it is geared toward net worth individuals of 20MM+:

    http://www.fxmarketspace.com/faqs.html#_3.3

    pricing however looks nice, currently $4-6/1MM traded, a tenth of the price others charge.

    The only thing I see stunting its growth is the depth of liquidity - I think there are only a few (2?) liquidity providers at this time. Just have to give it a little more time until the institutions start trading it to give it more liquidity, but I don't think you will see it geared to the small, retail trader (100k lots) for a while.