Recent content by ISX Markets

NEW SERVICE; We are launching a new futures service for the ACTIVE TRADER. We would like to know if there is demand for such a service. Our commissions will be as follows; EUREX 0 - 10,000 lots EUR 0.50 per lot 10,001 - 20,001 lots EUR 0.30 per lot 20,001 + lots...

Boy, thank you for your comments (all fixed now) Options We use major UK & overseas banks as liquidity providers. Our hedge desk transacts billions in FX (deliverable). We are therefore better placed to offer private clients competitive rates. Opening an account with ISX FX takes approx 1...

ISX FX our sister company has launched a new trader’s service. We specialise in commercial foreign exchange (delivery of funds). We have realised that many traders who trade on overseas markets need to exchange currencies, to meet margin requirements. Most traders get a poor deal by going...

We aggregate by volume traded. We have contracts in place with clearing firms where we will direct volume to there desks and they will in return charge us smaller commissions. We are fully aware that it is difficult to make money in this sector. We are looking to gain market share. Our main...

Our CFD service is direct market access. We provide level 2 trading, and also allow client to interact with the order book and take part in auctions. As for how we hedge our positions, we hedge all our positions either with another broker or the underlying market. The prices you will see are...

Marc 100 We are looking to charge the daily overnight rates. However we are still negotiating the finance rates. We will update our website with all info by Monday. Thank You for your comments.

We have institutional accounts with market maker, our clients will trade through our account. Clients can go straight to the Market Makers, however they will not receive the same rate. As we have an institutional account and we have large volumes going through one acc, we are better able to...

We do offer direct access to LSE & we are currently working on an API. We have 10 dealers, all of our trading/back office will be taken care off by our clearing firm. For CFDs we are clearing through MAN Financial.

We are not market makers, and therefore do not hold position opposite to our clients. We use existing firms and negotiate competitive rates for our clients.

We are regulated by the FSA, and have no links with IFX. We are an independent firm. Our regulatory details can be found on the FSA website. We will be launching an advertising campaign in March. We have posted our service on trading boards to see what traders such as yourselves have to say...

Further to you comments we have come up with the following; ISX will add a fixed fee (not a % fee) to the commission quoted by clearing firm to ISX. This fee will be static and will NEVER increase. AS we conduct more business through our clearing firm, the commissions offered will become lower...

Traders may program their own add-on applications in Excel, C++, Java, and Visual Basic with our Application Program Interface (API).

After reading all your responses I have had various discussions with a number of market makers and have been able to reduce the commission as follows; UK Futures: £1.60 per side (including all exchange fees) US Futures: $2.30 per side (including all exchange fees) However this will not be...

fair value, is that difference between the futures value and the spot index value such that the futures and the equity markets are in equilibrium. It is very difficult to calculate. All companies source this data from Bloomberg or a similar source. It is difficult for individual investors to...

ISX Markets are a broker who are content on removing the barriers faced by private clients. This is how the index price is calculated; It is quite simply the futures Price +/- the fair value. This is why you will see a constant diff between the futures and spread bet price. On mkt opening and...