Recent content by tjs85

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    FXCM owed $225 million by customers who lost on CHF

    Do you not understand that all the major banks/liquidity providers pulled their prices? What on earth do you expect the brokers to do? These boards are full of people simply unwilling to accept they took a bet on borrowed money and it went badly for them, each indivdual has to take...
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    FXCM owed $225 million by customers who lost on CHF

    The companies that ran into trouble did so as they had hedged the clients bets and therefore weren't profitting when their clients lost, so the argument that they were offering them leverage so they blew up in this instancee does not make any sense. It is the fact that clients blew up and were...
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    Brokers chasing after their clients following the "Black Swan"

    Throughout many threads on this board members complain about brokers not reflecting true market conditions, yet when it suits them they want the broker not to reflect true market conditions and wipe their negative balance due to over leveraging themselves and backing the losing horse. Which is...
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    Brokers chasing after their clients following the "Black Swan"

    I agree they will certainly want to get this resolved quietly. To a large extent the brokers are caught between a rock and hard place, by and large increased leverage has happened as a result of the competition in the market and clients voting with their business if a particulary broker only...
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    Brokers chasing after their clients following the "Black Swan"

    I am not sure I am following this current train of group thought. Why shouldn't the different houses be entitled to recoup the losses from their clients?
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