- Search Energy EXCH
- shrike replied Dec 19, 2008
I don't see how options have any advantage for this purpose, if you are talking strictly hedging your EUR risk. If you hedge via spot/futures/forward, you loose via PnL of the respective position if the USD weakens. If you use options, you loose ...
Need to secure a given amount using a forex option. Is this exclusive of forex houses
- shrike replied Dec 19, 2008
If you require physical delivery, you need to talk to an investment bank. For retail, i only know Saxobank that makes market in vanilla FX options, but they don't offer delivery (as far as i know, maybe talk to them).
Need to secure a given amount using a forex option. Is this exclusive of forex houses
- shrike replied Dec 14, 2008
How hard? They can't do it at all in the first place, because they are not a self-clearing FCM like IB is and therefore are dependent on what their clearing firm can offer. With a MB stock/fut/option account everything is handled by Pension (you ...
MB Trading Futures - Introduction
- shrike replied Dec 14, 2008
It has nothing to do with legal conditions (i.e. IB offers FX and futures and more in the same account). MB clears through Pension GHCO for stocks/futures/options and its own ECN for FX - so funds can't mix accounting-wise. Also, no Euro accounts ...
MB Trading Futures - Introduction
- shrike replied Dec 13, 2008
Fun facts about 'hedging' aka holding a long and short position of the same instrument at the same time: * Its not possible in any 'real' market aside from some low-profile FX marketmakers own little world. * Its not only not possible it is also ...
Proposed NFA Capital Requirement
- shrike replied Dec 3, 2008
Even an ECN requires an user to RTFM before he starts to push the buttons.. Besides, Oanda doesn't use any charts to activate orders, they only use bid/ask quotes, just like any ecn broker does too. "who in their right minds runs a brokerage where ...
OANDA Discussion
- shrike replied Nov 21, 2008
The prices on the demo are not the same as on the live platform. For live prices look at the java-applet on the hotspot website or ask for a live-view account.
Hotspot FXr - feeling good recently ?
- shrike replied Nov 11, 2008
You can get the TT/XTrader platform for free at Velocity Futures, with slightly higher commissions as the paid version. For bigger traders paying the platform fee in favour of lower commissions will be cheaper tho.
Best Scalping Platform ???
- shrike replied Nov 7, 2008
Currenex is for FX Spot and not futures? Their commissions on futures are way too expensive (3.99 per side without exchange fees). You can get deals without negotiation where you pay half of that and get a proper trading platform. As for futures ...
CMS Screwed me
- shrike replied Nov 7, 2008
Just in case you haven't done so, save all relevant account statements, bank statements and email communication with them to support your claim, if you really need to go to court.
Broker refuses to pay me!
- shrike replied Oct 29, 2008
Time, pair and price of the order and the fill? You know a little information would go a long way when you start threads like this..
CMS Screwed me
- shrike replied Oct 28, 2008
Its the retail demo feed. Live spreads on FXr as well as FXi are significantly worse than 0.5 pips across the board. They should print a big fat disclaimer on that demo-software that these are artificial spreads. P.S. you can watch live prices on ...
Is this hotspotfxr or hotspotfxi?
- shrike replied Oct 27, 2008
Using FXDD as LP, thats probably as low-profile is they get. Sort of funny tho.
SwissFXBroker (SFXB)--has anyone ever used them?
- shrike replied Oct 27, 2008
Im not a lawyer, but i think they do. I only know quite a few of these firms dont take on american customers at all.
Where is the safe harbour due to world financial and economic crises?
- shrike replied Oct 27, 2008
Some banks in the EU offer retail FX accounts (RBS, ABN Amro, DB, UBS, Saxo), the first EUR 20K are insured, most countries did raise that tho recently during the crisis, or even guarantee everything. But these days, how safe is a bank anyways.. ...
Where is the safe harbour due to world financial and economic crises?
- shrike replied Oct 27, 2008
It would appear his "incontrovertible proof" of the Duka-Theory didn't turn out to be that incontrovertible after all, and he had to head for the ordinary broker-business. The 2001-sites are indeed most lol.
Is Duka A Marketmaker ?!!
- shrike replied Oct 26, 2008
One of these "other adverse affects" would be that you will be charged ridiculous spreads and fees by your bank for wiring into a foreign currency account. If possible, always deposit in your home-currency. If not, you would have to hedge your ...
Base currency account funding outside of the US
- shrike replied Oct 22, 2008
You sold 170k EUR at 1.4684 and got for that ~249000 USD. Then you bought back 170K EUR at 1.2884 and had to give back only ~219000 USD. That should leave you with a gain of ~30000 USDs and only a cash position. If you want to change your USD ...
IDEAL PRO is driving me nuts! Please help.
- shrike replied Oct 22, 2008
Justin: there are always bad ticks coming through around midnight maintainance downtime. One tick with zero value as price per pair (those are easy to filter), but also ticks that are 30-100 pips out. That messes up charting every day.
MB Trading Futures - Introduction
- shrike replied Oct 16, 2008
Wonder how they will handle that, its always problematic if the cancel/correction is not made in a timely fashion. For example, i enter long on the erroneous price and then some time later i exit the trade on a 'good' price. When they cancel the bad ...
MB Trading Futures - Introduction