Hello,
I was with an STP broker and also I found a good explanation about ECN/STP/MM brokers.
http://www.100forexbrokers.com/stp-ecn-brokers
Looks like STP brokers benefit from spread mark-up, but what if the real market spread is higher than the fixed spread? how do they handle this? lose money? e.g. during news time, real spread is higher than fixed spread, how can they still provide fixed spread?
Thanks
I was with an STP broker and also I found a good explanation about ECN/STP/MM brokers.
http://www.100forexbrokers.com/stp-ecn-brokers
Looks like STP brokers benefit from spread mark-up, but what if the real market spread is higher than the fixed spread? how do they handle this? lose money? e.g. during news time, real spread is higher than fixed spread, how can they still provide fixed spread?
Thanks