How easy is it for a broker to stop hunt

This is a discussion on How easy is it for a broker to stop hunt within the General Trading Chat forums, part of the Reception category; So I guess you really can't trust any of them. I really want to leave spread betting but being able ...

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Old Dec 15, 2011, 6:44pm   #25
Joined Sep 2010
Re: How easy is it for a broker to stop hunt

So I guess you really can't trust any of them. I really want to leave spread betting but being able to trade small sizes is the reason I use it.
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Old Dec 15, 2011, 7:01pm   #26
Joined Oct 2009
Re: How easy is it for a broker to stop hunt

If this happened so much as to cause a real problem there would various
discrepancies between brokers charts all over the place, the spikes would
need to stay in place for the broker to refer the client back too. I seem
to remember a thread on T2W that tried to do that and failed. Does anybody
have any examples?
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Old Dec 15, 2011, 7:02pm   #27
Joined Oct 2006
Re: How easy is it for a broker to stop hunt

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Originally Posted by brewski1984 View Post
So I guess you really can't trust any of them. I really want to leave spread betting but being able to trade small sizes is the reason I use it.
You can't trust any of them but staying away from forex and spreadbetting is a good start, unless of course your broker 'borrows' your money from your segregated account and blows it, but that's another subject entirely.
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Old Dec 15, 2011, 7:09pm   #28
Joined Oct 2006
Re: How easy is it for a broker to stop hunt

Quote:
Originally Posted by dazzer_fx View Post
If this happened so much as to cause a real problem there would various
discrepancies between brokers charts all over the place, the spikes would
need to stay in place for the broker to refer the client back too. I seem
to remember a thread on T2W that tried to do that and failed. Does anybody
have any examples?
So why would that functionality be built into the software? Different brokers charts do differ, the excuse being their have different liquidity providers.
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Old Dec 15, 2011, 7:12pm   #29
Joined Oct 2006
Re: How easy is it for a broker to stop hunt

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Originally Posted by dazzer_fx View Post
If

Does anybody have any examples?
What about the three recent judgements against forex brokers for doing exactly this type of thing? Would that do for proof?
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Old Dec 15, 2011, 7:17pm   #30
Joined Oct 2009
Re: How easy is it for a broker to stop hunt

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Originally Posted by pboyles View Post
So why would that functionality be built into the software? Different brokers charts do differ, the excuse being their have different liquidity providers.
I use Tradestation Securites and IG index, which are like chalk and cheese, in
the last 12 months and plenty of screen time I haven't seen anything that I
would call untoward. I had a problem with FXCM (bad tick) and it was sorted
within hours http://www.trade2win.com/boards/fore...ml#post1426442. As I said I'd like to see some examples.
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Old Dec 15, 2011, 7:18pm   #31
 
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Re: How easy is it for a broker to stop hunt

surely if any broker is proven of this ,we are emtitled to all our loses back as they have broke t and cs. Id love CMC to be found quilty, much of my early funds paid for steal4frees xmas party
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Old Dec 15, 2011, 7:30pm   #32
Joined Oct 2006
Re: How easy is it for a broker to stop hunt

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Originally Posted by dazzer_fx View Post
I use Tradestation Securites and IG index, which are like chalk and cheese, in
the last 12 months and plenty of screen time I haven't seen anything that I
would call untoward. I had a problem with FXCM (bad tick) and it was sorted
within hours http://www.trade2win.com/boards/fore...ml#post1426442. As I said I'd like to see some examples.
Read the Gain Capital and FXCM judgements from NFA and CFTC.
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