You can tell by the comments here that there are so many with absolutely no experience or understanding of how SB firms work.
They
cant just do do what they want, when they want. They ARE regulated no matter what anyone says.
If you want to prove otherwise, get all the data say from CME and compare it to the prices of the accused rip off SB firm. (Is this not the most logical 1st port of call?) after all, you need proof to make these sort of accusations.
If you get scared simply because a platform freezes then you either: dont know what you are doing or you are trading with
too much leverage.
Remember they are a business too. For example; you cant expect them to offer you a tight bid/offer when the underlying futures market is extremely light on the orderbook.
This is the most likely time that anyone will have a problem because the underlying markets move so fast around news announcements. SB firms cant fill you if they cant get filled themselves. So the solution is simple, either dont trade around these times or switch to direct market for limit orders.
There is far too much ignorance apparent, and a lot of blame.
Understand how it all fits together and you will embrace the fact that SB exsist!!!!!
Arabian made it quite clear as to any theory of manipulation to moving the price around. There are always players in the know that would hammer the SB firm if they did this. They would end up losing more because big players would hit them hard if they see price discrepancy.
No matter what anyones says, the financial markets in the norm, are very transparrent and well regulated especially considering the amounts of money involved.
End of the day, they are a business, and you need to know how they fit in to your trading plan, if indeed they do?
