- Search Metals Mine
-
pipmutt replied May 20, 2009Ummmm, yes they will, within a limited 15 minute time window and if supported by documentary evidence from their liquidity provider. That applies to STP only at the moment but I expect bucketshops will petition for similar options. Like I said, it ...
Proposed NFA Capital Requirement
-
pipmutt replied May 20, 2009They're not telling me how to trade at all, they're introducing rules to make trading just that little bit more transparent and brokers accountable, these rules are in my best interests as far as I'm concerned. What are you talking about, the rule ...
Proposed NFA Capital Requirement
-
pipmutt replied May 20, 2009I think that was the problem, some bucketshops were being a little too creative! Bucketshops should have the same options as NFA are allowing STP brokers, time limited price adjustments backed up by documentary evidence from their liquidity provider ...
Proposed NFA Capital Requirement
-
pipmutt replied May 20, 2009lol, FXCM have had offices in the UK and been FSA regulated since 2003, the new rules about nedging obviously had nothing to do with their decision, in fact a lot of marketmakers have registered offices here as well as in the US! I think you're the ...
Proposed NFA Capital Requirement
-
pipmutt replied May 20, 2009lol, I think you've slightly lost the plot there streamline, you've quoted my post but attributed it to some clown called trederKGB (TraderKGB's inadequate plastic imitation), and then you've replied to his post, some nonsense about "very very very ...
Spread Vs. Commission
-
pipmutt replied May 20, 2009I agree with Forexpreneur, trading news releases has become too much of a gamble lately. There's too much unforeseen event risk (the news itself), market reaction has become too unpredictable because some of the released data has wider economic ...
News Time Practices
-
pipmutt replied May 20, 2009I think you overestimate the impact that an exodus of newbs like you (who are naiive enough to believe things like "Market makers are allowed to hedge, why isn't everyone else?") would have on the US forex marketmaking business. You're an ...
Proposed NFA Capital Requirement
-
pipmutt replied May 19, 2009You said "....if your monthly round turn is not more than 100k you cannot use any real ECN....". I simply asked if you were using 'k' as an abbreviation for million as opposed to thousand as I very much doubt there are any ECN's who stipulate ...
Spread Vs. Commission
-
pipmutt replied May 19, 2009You're using 'k' as an abbreviation for millions not thousands, right?
Spread Vs. Commission
-
pipmutt replied May 19, 2009There's a clear distinction between ECN's (or ECN-style) who STP trades even though they might be the intermediate counterparty, and bucketshops who have a vested interest in seeing clients lose and where a conflict of interest exists. You've also ...
Spread Vs. Commission
-
pipmutt replied May 19, 2009Fortunes are made and lost on 'if' the market did this or 'if' the market did that, it's written on every headstone in the traders graveyard, it's the traders lament
But I wasn't so much asking about the logistics of the 'hedging/nedging' ...Proposed NFA Capital Requirement
-
pipmutt replied May 19, 2009....or perhaps NFA could introduce a new rule which makes it mandatory for brokers to put clients through a 'suitability test'. Maybe the first question could be "If I Buy 100k EUR/USD and Sell 100k EUR/USD at the same time what is my net exposure". ...
CFTC + NFA: End Of Hedging?
-
pipmutt replied May 19, 2009Yeah what a BS they didn't think of that ahhhhhh-ha LOL, that's why they said.... "....The proposed rule would not prohibit customers from pursuing long and short-term strategies in separately margined accounts...." Wouldn't it be a good idea to ...
CFTC + NFA: End Of Hedging?
-
pipmutt replied May 19, 2009Please explain the thinking behind that question would you. You're not the first person on here to make the same comparison and I'm just wondering how you connect the two. They're not asking you to pay attention to them, they're regulating brokers ...
Proposed NFA Capital Requirement
-
pipmutt replied May 18, 2009Would you like that served on a silver platter or gold leaf?
(binned per thread starter’s request) Need some advices/help
-
pipmutt replied May 18, 2009I didn't mean 'quote manipulation' as in they're purposely moving/freezing quotes to miss your target (although theoretically it's possible it would be impractical to quote individually), I meant they're manipulating quotes to suit their book and ...
Spread Vs. Commission
-
pipmutt replied May 18, 2009I don't follow your logic. If a 2-pip fixed spread works out more expensive than a .5 pip spread + commission then how does the number of trades make any difference? In fact the more volume you trade the cheaper an ECN's commission gets whereas ...
Spread Vs. Commission
-
pipmutt replied May 17, 2009Yep that's why I was saying open a live account, hey you never know!
InterbankFx demo - delayed quotes ?!
-
pipmutt replied May 17, 2009Shops LP's compared to their quotes? Higher if you're selling and lower if you're buying

InterbankFx demo - delayed quotes ?!
-
pipmutt replied May 17, 2009Hang on, you're saying InterbankFX quotes consistently lag behind Saxo and you see that as a problem that needs solving! I would have kept it quiet and opened a live InterbankFX account and exploited the latency if it still existed on the live ...
InterbankFx demo - delayed quotes ?!