Recent content by fishee

The £2/trade for "zero spread" Platinum traders was introduced mid January - presumably intended to get traders to up their stakes and/or stay in positions longer, necessary to avoid losing trades if you're a small player (less than £5 stakes) that most private traders are. But WS will have...

Apparently in the UK a broker-dealer can use clients assets for their own trading under the rules of Re-hypothecation. This could be why MF Global decided to base in London and why John Corzine their CEO is still walking freely with clients owed billions. To quote from wikipedia on another case...

Hi - WS started charging £2 per trade mid january so I've not had zero spreads since then either. Been doing about 50 trades a week so this amounts to £800 since then. Should have been suspicious more when that happened and when got a letter saying 1pt/1pip was to be introduced from today for...