Recent content by Magos

To summarise: Even if the broker is not a broker-dealer his liquidity provider is! Widening spreads in one direction is called skewing and is used based on the volume the broker or lp holds (inventory management). TCA is very important, COSTS can not be ignored since they represent 50-60% of...

A bit misleading Very nice reply but I disagree on the following: 1. Spreads might not symmetrical for sure but they do average out; and Alpari is far from being perfect! Reference: http://www.fxblue.com/spread/symbol.aspx 2. Fees are very important since profitability of every trader varies...

Not sure! I checked http://www.crunchbase.com/organization/oanda Funding Rounds (2) - $117M $100M / Series B $17M / Series A Nothing about selling! Maybe you know something I do not know?

When you are looking at the charts you are just looking at Momentum Ignitions (another strategy) nothing to do with the traditional lifting the bid or the offer up/down. This is what usually HFT are doing, you try to buy the market - is not there and then if you want to buy, you buy higher.

If traders (retail or institutional) are trading equities for example in e*trade; and CITADEL is feeding them I guess HFT is affecting them...

what instruments do you think are the most affected? I would say securities due to their nature! ..and this is a nice article to read: http://en.wikipedia.org/wiki/2010_Flash_Crash

Not convinced! "80 employees in our compliance department" ; SHOULD all just resign! This is my personal view. Shape your Compliance and Legal team or you will lose more and more clients as well as getting fines. History repeats itself in the FXCM story.

Help! Congratulation in managing to get a job interview. I will try to give you as much inputs as possible from my experience. First, do not be nervous please. The short presentations should be up to 10 slides no more. 1. Introduction to the forex market (use babypips.com). 2. Why trade...

I must admit, i'm completely baffled, what is Compliance and Legal doing in FXCM Mr. Jason Rogers?

Fair brokers Yes you are right. Market execution implies slippage and Instant execution implies re-quotes. Brokers tend to slip but when it comes to your F###x dot com there should have not been slippage if you were trading under 5M per click which means 50 lots; and I assume you did...

MB Trading: http://www.mbtrading.com/forexSpreadsPairs.aspx Does not have the best spread for sure!, but is a reputable broker. Bad fills can happen, I am glad that you got the chance to correct it. I am sure you can get a better deal including: spreads, costs and stop out levels.

Latency arbitrage That sounds like latency arbitrage, be careful with the following: 1. Transaction costs (spreads, commissions and rollovers). 2. You will have slippage unless you have instant execution (re-quotes). 3. Rejection of orders; some of your trades will not be filled (legged out)...

I agree with gle101; oanda launched MT4 and uses clients as guinea pigs. Get your execution right, your ECN liquidity, spreads and costs right and then you will be able to compete - now is just another MT4!!!

Website ! In regards to "The brokerage doesnt come with company, license and bank accounts"; It looks like you just have a website with traffic and possibly some accounts. Can you share this information ?

I admire that you admitted that you are biased - it takes courage. Oanda spreads : http://fxtrade.oanda.com/why/spreads/ 1.2 ✓ (as they say in the website) Also in mt4i: http://www.fxblue.com/spread/symbol.aspx 1.1 (in demo) Stop outs : Half of your Margin Used divided by the Margin Closeout...