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Broker??

  • #1
  • First Post: Sep 8, 2006 7:56am Sep 8, 2006 7:56am
Is CoesFX closing down?

• NFA MEMBER WITHDRAWN 08/28/2006
• FUTURES COMMISSION MERCHANT WITHDRAWN 08/28/2006
• NFA MEMBER APPROVED 02/12/2002
• FUTURES COMMISSION MERCHANT REGISTERED 02/12/2002
• FUTURES COMMISSION MERCHANT PENDING 12/13/2001
• NFA MEMBER PENDING 12/13/2001
  • #2
  • Sep 8, 2006 8:03am Sep 8, 2006 8:03am
Re-inventing themselves as "Spot FX Clearing Corp".
  • #3
  • Sep 8, 2006 8:14am Sep 8, 2006 8:14am
Quoting fxwise
Re-inventing themselves as "Spot FX Clearing Corp".
They are giving the appearance that they are going out of business. I hope they have fully integrated the MT4 platform.

Thanks for the 411.
  • #4
  • Sep 8, 2006 8:48am Sep 8, 2006 8:48am
They aren't going out of business. They setup a subsidiary - SpotFX - to handle all their clearing. They're transferring all existing customer accounts over to SpotFX. What they do with CoesFX is still unknown - it might be that they want to have 1 clearing organization and several branded orgs. I don't know. Maybe they're just going through a re-branding.

They have partially, not wholly integrated the MT4 platform. What I mean by that is that they have MT4 in-house and people are trading live on it (me included.) However, they have not hooked in all of their liquidity partner feeds into the server. They are working on that, at least, that's what I'm told.

stockwet

Quoting ngdaniel
They are giving the appearance that they are going out of business. I hope they have fully integrated the MT4 platform.

Thanks for the 411.
  • #5
  • Sep 8, 2006 8:59am Sep 8, 2006 8:59am
Quoting stockwet
They aren't going out of business. They setup a subsidiary - SpotFX - to handle all their clearing. They're transferring all existing customer accounts over to SpotFX. What they do with CoesFX is still unknown - it might be that they want to have 1 clearing organization and several branded orgs. I don't know. Maybe they're just going through a re-branding.

They have partially, not wholly integrated the MT4 platform. What I mean by that is that they have MT4 in-house and people are trading live on it (me included.) However, they have not hooked in all of their liquidity partner feeds into the server. They are working on that, at least, that's what I'm told.

stockwet
You work for them?
  • #6
  • Last Post: Sep 8, 2006 9:02am Sep 8, 2006 9:02am
Quoting ngdaniel
You work for them?
No.
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