Recent content by b1tr0t

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    Complex trades AND quick settlement?

    Exactly, so if someone could settle FX trades in one day instead of two, the profit opportunity would suddenly exist. The problem here is perceptual. Additional research suggests that something like 98% of FX transactions pass through the CLS system. That means that Steve's firm (or all the...
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    Complex trades AND quick settlement?

    Do you really want to have a philosophical discussion on the efficient market hypothesis? I'm not looking for advice on my strategy - I'm trying to figure out how best to test and execute it.
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    Complex trades AND quick settlement?

    <i>Oanda, instant settlement.</i> But do they support complex trades? At the beginning of this year, they only supported directional trades.
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    Complex trades AND quick settlement?

    <i>FX is always T+2, except for CAD which is T+1. This has nothing to do with the broker. It has to so with the way banks clear funds.</i> It looks like trades can be settled <a href="http://www.cls-services.com/sectiondetails.cfm?objectid=BB493258-FB0E-4C79-B87AD9ECA4514CEC">within 24...
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    Complex trades AND quick settlement?

    I have been working with the IB TWS API for most of the year. IB's platform offers good spreads, quick execution, and a decent trading API. Unfortunately, IB FX trades typically settle in two days. This is acceptable for simple directional trades (USD->EUR followed by EUR->USD, for example)...
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    what screen size is best for daytrading?

    In order to share my 2405s between a PowerMac (dual DVI out) and a Sony Vaio A690 (docking station has both VGA and DVI out), I have one 2405 connected to the mac via DVI, and the other 2405 is connected to BOTH the mac and the PC. The mac connection is DVI, and the PC connection is VGA. The two...
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    what screen size is best for daytrading?

    The first few dual-DVI products I found at NewEgg offer a max res of 2048x1536. I'm running a pair of 2405 FPWs on some random 18-month old apple compatible card in my PowerMac without trouble. The DVI port in my 3-year old TiBook has no trouble driving 1920x1200 displays, and neither does the...
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    what screen size is best for daytrading?

    It is unlikely that any dual-DVI video card will have trouble supporting a pair of 20" displays. I picked a video card at random, and it has no trouble supporting both of my 2405FPWs running at 1920x1200. Several people have suggested that 20" displays are better than 17" or 19" displays...
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    fxsol vs oanda

    What would you suggest to a person who thinks that TradeWorkstation might just be complex enough, and the C++ API is really great (but the docs could use work)? Who competes with IB?
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    IB delayed FX quotes: where do they come from?

    I have been working with the IB demo account and API to develop a somewhat complex FX arb application. While working with the demo data, I see no arb opportunity most of the time, but maybe 2-3 times per day, I see moderate to large trading opportunities. With the demo account, I can drop in...
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    Direct trades without a round trip back to USD

    What is the proper terminology for the various types of Forex trading systems? At the bottom seems to be the retail brokers - all the trades have to originate from and return to US dollars, and the "broker" may or may not trade against you. It isn't clear that the broker will ever take your...
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    Direct trades without a round trip back to USD

    If a broker allowed me to do this, I would more than make up for their lost commission through a very high volume of trades. Maybe I need a very large account at a bank rather than a broker?
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    Direct trades without a round trip back to USD

    Is there a way to get quick fills and a reasonable spread?
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