wonderful thread...i would like to thank all the contributors
institution traders please help me with your guidance
i finally made it big in forex after struggling for years....i presently trade about 10000-20000 standard lots total average volume in day by scalping which is spread across different trades across different brokers....but i experience lot of slippage with retail forex brokers...so i am planning to open proprietary trading firm...but i do not know how to go about it....i want to access the interbank market with the best volume so i do not have to deal with slippage..
i plan to trade 200-300 million per trade by splitting it...i need your guidance to go about it....
skenobi and other institutional traders please guide me...shall i approach a bank for prime brokerage or third party prime brokers or prime of prime brokers.and please name the company which you suggest ..
I just need the best liquidity to fill my orders with minimal price slippage(less than a pip)...
and also if you can please tell how interbank market bid ask volume for major pair is like...is 100-500 million volume available within 1 pip range for eg EURUSD
please help me...your suggestion is highly appreciated...i have no experience personally with inter bank market so as yo guys have been there please help
Thanks
institution traders please help me with your guidance
i finally made it big in forex after struggling for years....i presently trade about 10000-20000 standard lots total average volume in day by scalping which is spread across different trades across different brokers....but i experience lot of slippage with retail forex brokers...so i am planning to open proprietary trading firm...but i do not know how to go about it....i want to access the interbank market with the best volume so i do not have to deal with slippage..
i plan to trade 200-300 million per trade by splitting it...i need your guidance to go about it....
skenobi and other institutional traders please guide me...shall i approach a bank for prime brokerage or third party prime brokers or prime of prime brokers.and please name the company which you suggest ..
I just need the best liquidity to fill my orders with minimal price slippage(less than a pip)...
and also if you can please tell how interbank market bid ask volume for major pair is like...is 100-500 million volume available within 1 pip range for eg EURUSD
please help me...your suggestion is highly appreciated...i have no experience personally with inter bank market so as yo guys have been there please help
Thanks