USB for FIXI apparently.

Prime of Prime Broker

It's just Citi tbh, HSBC is also a bit stiff and snobbish.

Prime of Prime Broker

Try talking to FIXI, they have impressed me, I find them ok... They are quite big, worth quite a lot according to company records.

Prime of Prime Broker

and for these they call you once you're at 103% NOP and give you a margin call... no point

Prime of Prime Broker

0.1 per side yes. Probably no mark - up and comm only tbh

Prime of Prime Broker

per side i assume

Prime of Prime Broker

360 T shoots toxic flows lol, it sprays the market. 1 mil

Prime of Prime Broker

Which broker do u use

Prime of Prime Broker

Probs changed, I'll dig. But irrelevant not a decision maker. JPM is very good for credit: My friend who's head of Macro for a 13 Billion dollar fund got a 20 second call "No credit, liquidating everything now" then 20 minutes later Merrill went ...

Prime of Prime Broker

Not really, but there doesn't seem to be too many options out there after LCG shut their facking PoP offering. You're not going to go with FxPro PoP and trade on MT4 right? They offer any 3rd party software eg CX, HS, 360T, FlexTrade, Integral and ...

Prime of Prime Broker

It's always good to have two prime brokers to separate counter party risk. One in US and one in Europe makes a lot of difference. E.G. ECB QE can give DB more room to give more margin and credit to PB clients hence higher leverage for FIXI offering, ...

Prime of Prime Broker

In theory PoP has good liquidity at any given time as long as you're a good one. Banks are needed for credit, credibility to clients (e.g. I can't tell my Client I'm managing his assets at FIXI/Price/IG, who in theory and legally if go bankrupt I ...

Prime of Prime Broker

Oh Prime of Prime sorry. PoP > Bank for Individuals trading soft flow Bank > PoP for Individuals trading heavy flow e.g. 25 bucks + PoP > Bank For any funds < 5 - 10 Mil (Most PB dont take on funds less than 20 Million at the start.) Banks > PoP for ...

Prime of Prime Broker

POP? Sorry, don't get it.

Prime of Prime Broker

Not gonna go with someone who gives 1:100 anyways. Risky.

Prime of Prime Broker

Would this remind you the smell of fish? Price Markets (UK) is a trading name of Finsa Europe Limited (FINSA) which is authorised and regulated by the Financial Conduct Authority. FCA Registered Number 525164. Company number: 07073413. Registered ...

Prime of Prime Broker

They offering 1% leverage, hence 1:100 on majors. 6% on NDFs. So how do they finance that extra 50 times? Bucket? Probably. They are owned by some Aussie company too, odd.

Prime of Prime Broker

I haven't dealt with the non institutional side, so I cannot be very clear on how they deal with retail guys. Sorry. But, I think, their PB business is a bit bust and has to restructure, so not very good.

Prime of Prime Broker

Citi and DB, it's all these, very usual suspects. LPs obviously those ECNs, CX, HS, Integral, Flextrade, etc. (Oh Dymon uses Flextrade extensively, a 4.1 Billion Macro fund in Singapore) The LPs of the banks, obviously the usual 30 banks of ...

Prime of Prime Broker

This CFD bs from Barclays is a white-label of City Index, avoid it lol

Prime of Prime Broker