Disliked{quote} The depth of market in your screenshot is designed for retail, not for book sweeping. If that's your question.Ignored
From Retail Broker to Prime Broker and WHY 26 replies
Looking For A New Broker Since Boston Prime Went Bankrupt 33 replies
Boston Prime - best broker for Scalpers? 18 replies
Rabobank Prime Broker FX 23 replies
Institutional Prime Broker Relationship 0 replies
Disliked{quote} 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 institutional flow and accepting 10 k deposits giving them 1% margin, I would be leaving immediately, toxic for my streaming prices, and dangerous for their balance sheets. There's a reason why retails trade on other venues...Ignored
Disliked{quote} Brokers cater for both retail and institutional clients. The price stream is segregated however. Institutional clients wont see retail price stream and cant hit that and vice versa with retail. From a banks point of view being a price maker this is exactly what they want. Its the skill of the broking firm to keep all parties happy directing the correct pricing for the appropriate client.Ignored
Disliked{quote} Brokers cater for both retail and institutional clients. The price stream is segregated however. Institutional clients wont see retail price stream and cant hit that and vice versa with retail. From a banks point of view being a price maker this is exactly what they want. Its the skill of the broking firm to keep all parties happy directing the correct pricing for the appropriate client.Ignored
DislikedGuys, read this article, it's about liquidity and contains some interesting stuff: https://www.tradertools.com/download...%20Article.pdfIgnored
DislikedGuys, read this article, it's about liquidity and contains some interesting stuff: https://www.tradertools.com/download...%20Article.pdfIgnored
Disliked{quote} Honestly, I don't understand how is it possible to trade big amounts on ECN with partial execution and VWAP??? The only thing I know that all big players and speculators use only Single Bank platform for trading, and there're no Last Look on it. All big banks also offer ECN style trading, like Gator on Barx or on Autobahn. But they're warning that all that stuff only works with orders of 5 mio. maximum!Ignored
Disliked{quote} Certain platforms now are offering algo execution which can be set to a time frame or price in executing large size orders without disturbing the price. It is similar to giving a large order to a bank and telling them to execute quietly. However given the fiasco over front running etc Algo or robot orders are the way forward as no trader can be accused of front running .Ignored
Disliked{quote} Certain platforms now are offering algo execution which can be set to a time frame or price in executing large size orders without disturbing the price. It is similar to giving a large order to a bank and telling them to execute quietly. However given the fiasco over front running etc Algo or robot orders are the way forward as no trader can be accused of front running .Ignored
Disliked{quote} So do Aggregators . Barx platform has an algo called Gator which will allow the client to go into multiple ECN's and work the order as well as their own clients . Brokers are now opting for a similar method whereby allowing client to client rather than going to the market .Ignored
DislikedI assume nowadays there're no possibility to use any single bank platform and trading through bank feed on margin base. Entry ticket for banks now 5mio. The only way if you find some PoP and it agrees to settle your trades through 3d party venues through Triana on commission base. There's HSBC Oanda white label trading in Hong Kong but in EU/US NO.Ignored
DislikedPlotinus82, Would you share whos the broker that you took the cnx screenshot off? I'm curious because I'm currently looking for a reliable larger retail/inst broker.Ignored
DislikedNot sure why me previous post was deleted, but anyway. So whats the view on Baxter-FX? I've had a look and they appear to have an office in Sydney but head office in Dublin Ireland? How does this work for regulation, fund security? Does any one have a knowledge of their spread+coms and how easy are they to open an account with? I've had a chat with CFH and based on some of the required info I felt like i was going through an audit. Also what would people say about Velocity Trade?Ignored