I wonder if there will be a criminal case too. This sounds pretty spectacular.
Is this demo/sim ? I believe they are replaying delayed recorded market-data on demo accounts.
Its not so much that they are cheats - they dont really need to cheat at all. Their clients cant trade for shit, they will piss away the account...
http://quickfixn.org/
Probably algo-driven falsh-crash again.. or an epic fat-finger.
This is basically only affecting IB (Oanda, FXCM etc. are no brokerdealers so they are fine for now). Maybe Peterffy should have spent some more...
So banks still have people sitting there outright manually punting in FX? I thought that was over 10 years ago..
If you take IB for example, spot is slightly cheaper on transaction costs but worse on o/n rolls. For shortterm trading i prefer spot, but if you...
Looks like they finally even took the website down.
These so-called binary options are really for the totally finanical illiterates. They have a house-edge of 20% and more. Imagine playing roulette...
Have a look at Lmax (if you are not american). Its UK based, and a central limit order-book like an exchange. A good frontend for it (if you need...
You could google for "Lmax disruptor". Theres a bunch of things from them online about high performance java. They also opensourced some of their...
Average account lifetime is far less than a year with cmc, Plus500 and so on. They need fresh meat constantly. Thats why Plus500 has exorbitant...
So at what price will they fill eur/chf orders?
Apparently they had troubles finding marketmakers for this, even with the incentive program and going full-tick instead of half-tick (which sucks...
The mini DAX is 20% of the big contract - but the exchange-fee is 50% of the big contract. Also spreads are like 1 to 3 full index points with...
Depends on the product? According to CME for ES its 30:1 message to fill ratio at the executing firm level. Or do they count this by customer? I...
As for PB you can read this, it even has all the agreements linked:...
Stocks, options, futures, FX, or all of that?
Hotspot does it too. Although you can request to disable all LPs with LL-privileges for your login (this will result in wider spreads obviously)....
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