BARX isn't too impressive, Velocity is a good system, Autobahn a bit meh on the give up costs, but tbh, the best eFX provider in the market is in fact JP Morgan. Someone I know who runs a 4.5 Billion fund puts around 40% of their flow to JP Morgan ...

Prime of Prime Broker

That's exactly what single bank platforms do

Prime of Prime Broker

Once one goes on a single bank platform or a FX trading floor, the creation of liquidity becomes quite obvious. Spreads are used to allow traders on the floor to be able to cover their ass by making markets, hence the larger the size the larger the ...

Prime of Prime Broker

Exactly... It's about having the correct stream for the correct size

Prime of Prime Broker

The depth of market in your screenshot is designed for retail, not for book sweeping. If that's your question.

Prime of Prime Broker

You seem to be missing the point, when retail flow is sent to an institutional streams the liquidity providers might shut them off. Same as the fact that when people sweep the book after NFP a liquidity provider might also shut them off, as it'll ...

Prime of Prime Broker

You alright? did i say cTrader is the only platform on earth offering VWAP? cTrader was never mentioned on this thread as it's not something we are investigating into, cTrader is the most cost effective platform that offer volume weight average ...

Prime of Prime Broker

Brokers who use a matching engine is called a hybrid straight through processing "agency model", Electronic Communications Network is when sellers deals with a buyer, when you're dealing on Hotspot, Currenex these are ECN network, where people who ...

Prime of Prime Broker

I'm not sure if i follow and this if cTrader right? Still a retail stream

Prime of Prime Broker

That's ECN... Where buyers are matched with sellers... and the broker in this instance uses Currenex as the ECN...

Prime of Prime Broker

That's the depth of book not top of book, pop dont run internal matching engines as they are pure STP...

Prime of Prime Broker

Sighs... There are streams built for retail client, precisely for people like you who trade less than 10 k in size. Retail has a depth of around 40 million so not designed to sweep the book. Institutional has 130 million depth of book and designed ...

Prime of Prime Broker

Well if my prime of prime broker is taking retail clients I would be leaving immediately... Some pricing streams are set up for retail sub 500 k flow, some are for 1 - 5 mio some are for 10 mio +. If my broker starts taking non professional ...

Prime of Prime Broker

No because the flow is toxic and highly leveraged, good for you, not good for the broker or customers like ourselves. You will retailise our flow...

Prime of Prime Broker

Yup, you still need a PB if you're running a MT4 space, and having three PBs can minimise your clearing costs accordingly so what's wrong?

Prime of Prime Broker

It depends some prime of prime do offer 1:100, but my strategy is that I dont like going over what their prime brokers give them which is around 1:50. I know a few prime of prime that offers 1:100, do PM me your email and I'll put you in touch with ...

Prime of Prime Broker

Half a yard is more than enough, but not over trade to get reduced commission. Do you need help for me to put you in touch with a $10 per MM deal if you trade half a yard monthly?

Prime of Prime Broker

To elaborate, DB doesn't really allow customers to trade away from AutoBahn. Citi has an imposed minimum fee to be met from spreads revenue trading with Citi... It goes on and on...

Prime of Prime Broker

Well that depends, not sure if you have dealt with ISDAs and Give Ups but not a lot of banks are willing to be LPs for brokers anymore, when one puts their trades through Cortex, there is not give-up fee and BnP charges no fee for the customer to ...

Prime of Prime Broker

clearly no lol

Prime of Prime Broker