Recent content by AUM: £233.54

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    What happened to the MQL4.com website?

    Lol at hosting your **** with russian hosts. Its not your blog, its a trading applications support forum. Why cant they redirect the domain to some geocities account saying brb we have a failure. Only Russians are incompetent like this. Its a general attitude of those people. To quote Alex...
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    What happened to the MQL4.com website?

    Found out that the MetaTrader 4 has a built in MQL4 reference. Nice! Still, what happened to the MQL4.com website?
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    What happened to the MQL4.com website?

    I was trying to download the manual for the programming language of MetaTrader platform. So I was redirected to the mql4.com website, but it seems to be offline. Anyone have more info?
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    Lmax?

    Hey, No I have not started yet, as I am waiting for when they release the C# API, which will be end of may or begin july. The volume data from Reuters is from interbank FX market, not from LMAX trading platform. Therefore, it is ofcourse useful, but not as useful as pure LMAX trading volume.
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    Lmax?

    Hey Twinj, Again, I emailed LMAX this question: After reading the trading manual (http://www.lmaxtrader.co.uk/pdf/Trading-Manual.pdf) a question arose… Here is a screenshot from the trading manual to which my question pertains: Now the question. Will the remaining order for the 3 contracts...
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    Lmax?

    Lol no. I have invited them to this thread to clear up confusion, but it is easter so it may take couple of days. They have been extremely helpful to me, giving very clear answer to most technical questions. And I haven't even deposited yet. The way they work as you describe just does not make...
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    Lmax?

    How often did it happen that your orders were ignored? when did it happen? Can you copypasta the part of LMAX email that confirms your story + the name of the customer service rep?
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    Lmax?

    Twinj, you confuse the hell out of me when you say "buy at the bid and sell at the ask". When you say you buy or sell you imply active order, and in an active order you buy at the ask and sell at the bid. Thus you lose the spread. You gain spread when you post bid and ask (passive order), but...
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    Lmax?

    Ok, I got response from LMAX. My story seems to be correct. They function like a normal order book with first price and then time priority. If your limit buy order is at the top (both price and time), then it will be executed if someone sends a market sell or if the ask goes down and hits your...
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    Lmax?

    I really don't get this part: "I expected the limit order to be executed when the bid price reached my designated price." Let's use an example. Suppose you submitted your bid at say 1.45 and the current best bid is 1.46. Suppose the 1.46 bid is filled. Then you move on top of the order book. Is...
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    Lmax?

    I have to add that I am not sure whether General Members at LMAX actually CAN take away liquidity with activer orders... I'll update when I know more. EDIT: apparantly the goldman, optiver and jpmorgan can only provide liquidity, not take it away.
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    Lmax?

    twinj, I think you may be confused. A market maker is someone who operates mostly via limit orders. He therefore injects liquidy. When you say you want to buy at the bid and sell at the ask to be a market maker, this has to be via (passive) limit orders. Then when a trader comes to sell his...
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    Couple newbee questions...

    Thanks. No problem. Peace!
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    Couple newbee questions...

    First of all, thanks for clarifying this stuff and for the useful links. what I got from it is that the mechanism that keeps the spread betting firms' prices tied to real prices is fear to lose clients if a firm's prices deviate too much from real price. Second of all, I apologise to...
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    Couple newbee questions...

    I am going to look on that website again. If I find an answer there within 3 hours, I will come here and apologise.
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