PC at CMC Markets
Experienced member
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Hi Andy
Welcome to the thread and thanks for your words of support. it has been up and down on here but I feel that
as Executive Chairman, founder of the Company I should be accessible to clients and potential clients.
All responses are personally answered and typed by myself. so to answer your posting. (By the way thanks for taking the time appreciate it)
On next gen all prices and execution of bets, resting orders, limits and stops are generated electronically without dealer intervention.
There is no practice of clients being referred to dealers on their bets. The whole system is automatic. Because the process is automatic there is
no reading of client positions before a price is quoted.
The prices are generated electronically. Yes they can widen during extreme volatile periods but in general we try to keep spreads as tight as possible.
You can monitor our spreads through our spread charts that are updated in seconds. You can see when/if our spreads widen and you can monitor our performance
using the spread charts. If you select charts on any product you will see facility to find the type of chart you want. We are so confident of how tight and consistent our spreads
are we are prepared to publish them on a second by second basis to be transparent and open with our clients. Do you know of any of our competitors that do this?
Before you open a live account you are welcome to open a demo account. Please let me know if you use the demo system and your thoughts.
If you would like a more detailed explanation of the system then please let me know and I will arrange a one on one meeting for you. If you come into the office let me know and we can have a quick chat and coffee. I make a mean Nespresso and I am better looking than George Clooney ha ha.
good luck and please give feed back on this thread.
regards Peter
Welcome to the thread and thanks for your words of support. it has been up and down on here but I feel that
as Executive Chairman, founder of the Company I should be accessible to clients and potential clients.
All responses are personally answered and typed by myself. so to answer your posting. (By the way thanks for taking the time appreciate it)
On next gen all prices and execution of bets, resting orders, limits and stops are generated electronically without dealer intervention.
There is no practice of clients being referred to dealers on their bets. The whole system is automatic. Because the process is automatic there is
no reading of client positions before a price is quoted.
The prices are generated electronically. Yes they can widen during extreme volatile periods but in general we try to keep spreads as tight as possible.
You can monitor our spreads through our spread charts that are updated in seconds. You can see when/if our spreads widen and you can monitor our performance
using the spread charts. If you select charts on any product you will see facility to find the type of chart you want. We are so confident of how tight and consistent our spreads
are we are prepared to publish them on a second by second basis to be transparent and open with our clients. Do you know of any of our competitors that do this?
Before you open a live account you are welcome to open a demo account. Please let me know if you use the demo system and your thoughts.
If you would like a more detailed explanation of the system then please let me know and I will arrange a one on one meeting for you. If you come into the office let me know and we can have a quick chat and coffee. I make a mean Nespresso and I am better looking than George Clooney ha ha.
good luck and please give feed back on this thread.
regards Peter
Hi Peter,
I have only just found this thread and think it's great that you are putting yourself out there to answer traders questions in person, uncommonly brave in fact.
I am personally interested to know more about CMC's new trading platform if that would be acceptable, as I used the download marketmaker platform some time ago, and for quite a while, and I had the following issues with it:
a) as I became profitable I got re-quoted on lower & lower value bets, until I could only bet £2/point on Dax & Dow
b) even before the above I got re-quoted a LOT
c) you mention fixed spreads on one of your earlier posts, however I have personally seen the spread on GBP/USD move to 30 pips for a few seconds leading up to UK economic news.
Again, all of the above was on the OLD platform - can you tell me if these "issues" have been resolved on your next generation platform? And whether it is worth me signing back up for an account?
I very much appreciate any information you can offer.
Kind regards,
Andy Hawes.