Gro original post: "yes great understanding but I thought this part:
Then under teir 1 banks will be tier 2 banks, and tier 3 banks, they function as the lines of distribution..."
Gro,
Thank you for the lesson. That's interesting
I need more time to truly understand the structure and mechanism of the OTC market.
There is also the question as follows (I quote FTI):
"Your price rigidity is dependent on you brokers books and can be shaded anywhere
between 25 to 50 pips from my findings.
They make it impossible to arbitrage them to market , as they use computer tricks
to shade the price infractions.
They can make the ss or dd elasticity as rigid as they want it, using computers to price ,
with one eye on your blotter and another on the interbank.
But every time you mouse to your orderbook, comps guarding you too.
Their ss/dd elasticity rigidity is due to their computerised book shadings..."
good night all
I wish you good trading tomorrow
Cu
gart
BTW: Russian Aquapark...
Then under teir 1 banks will be tier 2 banks, and tier 3 banks, they function as the lines of distribution..."
Gro,
Thank you for the lesson. That's interesting
I need more time to truly understand the structure and mechanism of the OTC market.
There is also the question as follows (I quote FTI):
"Your price rigidity is dependent on you brokers books and can be shaded anywhere
between 25 to 50 pips from my findings.
They make it impossible to arbitrage them to market , as they use computer tricks
to shade the price infractions.
They can make the ss or dd elasticity as rigid as they want it, using computers to price ,
with one eye on your blotter and another on the interbank.
But every time you mouse to your orderbook, comps guarding you too.
Their ss/dd elasticity rigidity is due to their computerised book shadings..."
good night all
I wish you good trading tomorrow
Cu
gart
BTW: Russian Aquapark...