Futures brokers must keep client funds seperated from the firms own money ('seggregated'). If the firm goes bancrupt, the remaining money (client funds + firm money) will be distributed among the creditors. During this process, claims from futures ...

Futures VS Forex Brokers

What TraderKGB says, just dont let your position size exceed your balance. If you are worried about the rolls, Oanda offers sub-accounts in 6 different currencies. You could for example just transfer your euros to an AUD sub-account to gain some AUD ...

Broker/ECN with Zero Leverage

If you trade only a minilot, MB is cheaper, because IB charges a minimum of $2.50 per trade. If you trade a bit bigger and exceed this minimum, for example 100k gbp/usd, IB is way cheaper (~$4 at IB vs. ~$10 at MB). Also at IB orders <25k get routed ...

MBTrading vs HotspotFX vs Dukascopy vs IB

* MB invented the FX ecn concept * MB was the first FX ecn * MB is the only true FX ecn * Brokers who chargle less commissions than MB cannot be ECNs and are evil dealdesks I got that about right?

MB Trading Futures - Introduction

Noone but Bear themselfs knew how big the writedowns are. Apparently, JP Morgan came to the conclusion, after getting access to Bears books during the merger process, that the bank is basically worthless (their market-cap at $2/share is even less ...

Proposed NFA Capital Requirement

The question is also if the SIPC can stay solvent when something the size of Bear Stearns goes down.. P.S. regarding transparency of a public traded company, it is somewhat questionable after recent incidents (JP Morgan buyout with $2/share, when it ...

Proposed NFA Capital Requirement

The 'usual' fee structure for a hedgefund is 2/20 (mgmt and performance fee). 50 is completly nuts.. You absolutly need a securites lawyer to set this up, even (esp.) if you want to manage funds from friends/family (dont rely on forums..). You also ...

Info on starting to managed account

So you are actually going to promise returns to clients? I think what you need above all is a good lawyer..

Info on starting to managed account

Euro and Yen futures are good, Pound, Swissy, Cad and Aud are tradeable, the rest is plainly illiquid. If you need i.e. Eur/Jpy or Gbp/Jpy there is no way around spot. Even small accounts can get competitive commissions tho (~$2.50 all-in per ...

MBTrading vs HotspotFX vs Dukascopy vs IB

Its the same on Hotspot, its not EFX, its 'the market'.

MB Trading Futures - Introduction

Have a look at NinjaTrader. It allows you to create your own exit strategies (and much more). Works with MB, IB and Gain, iirc.

question about software

Can you post a screenshot of the order history and the open position window?

MBT Demo Versus Live account

I checked out there demo, and noticed that it works now. Confirmed with their support via email.

THE ECN room.

Hotspot retail (usa division) lowerd the minimum transaction size from 100k to 1k, giving EFX a run for the money. Extreme commission example 100k GBP/USD: Hotspot will charge $3 ($3 per 100k units) vs. EFX ~$10 ($5 per 100k USD). IB would charge ...

THE ECN room.

All brokers you mention detail their minimum deposit on their website. For the various currenex providers minimum deposits vary alot, from 20k up to 500k or more. Most also impose a minimum trading volume per month. For an investment bank, i guess ...

Market Makers & ECN’s, Is the grass greener?

I suppose Justin means $40 instead of $4 if you trade more than 500 mio. If its really $4 ill sign up tommorrow

MB Trading Futures - Introduction

Its a pitty really. MB is competitive with their currency futures fees ($20 for 1 mio. Eur/Usd compared to $50 for their spot trading). They have built a very good technology and infrastructure, but dealing on those fees is a bit silly (except maybe ...

MB Trading Futures - Introduction

That sounds pretty good, unfortunatly im not big enough for Autobahn.

Market Makers & ECN’s, Is the grass greener?

Just out of interest, what are the spreads like on Autobahn?

Market Makers & ECN’s, Is the grass greener?

Nothing is for free. See, the trading industry isnt a charity operation. They all make you pay in one way or another (if you notice it or not). Broker-independent and unbiased trading-software and data comes at a cost, i dont have a problem with ...

Brokers with automated capability