Recent content by fxsomebody

So you are placing a "MARKET" order and feel you have a right to complain about something you call slippage? IMO, there is no such thing as slippage on a market order. Place one at your own peril. Place one at a news event and your are just plain inexperienced. Especially since you are...

...and what exactly is a wheel?

Credit Arbitrage. Client X has credit to trade with client Z Client y has credit to trade with client Z, but not x You (client Z) can trade with both x and y. Client x enters a 1.4150 bid Client y enters a 1.4150 offer. The 1.4150's wont match x against y, but you, client z...

Vcap is a great place. I know the people there well.

Currenex is a technology provider only. They do not take deposits, they do not take positions, they do not trade. They supply technology for brokers and customers. To trade on Currenex you must go through either a WL partner: http://www.currenex.com/about_us_white_label.html Or a Prime...

NickBarings, I think I understand your confusion. To be sure, let me ask you a question. 1- Do you have a contract directly with Currenex, signed by your company and Currenex, and get a brokerage bill from Currenex to trade on the Currenex institutinal platform? I do not think so. 2-...

We send out a mass mailer to all customers before all releases but one thing you need to remember is that I have no idea who the customers are of my WL customers. This is purposely to avoid conflicts of interest. Because of this, this would have gone to our WL partners and it is up to them to...

Its a poll. There are many polls that are innaccurate. Polls are voted on by people. People are influenced by certain things and polls reflect those influences. FXAll is an RFQ platform, period and 95% of their volume is customers rolling their positions. Good volume, sure, but its not...

Why dont you call Currenex, ask all your questions to a knowledgeable person who will be happy to answer question that you have? The 24hr support desk is 212 340 1780 and they will transfer you to the appropriate person who can answer all your questions if you cannot they cannot answer them...

The answer is yes. You would need to have a Prime Broker agreement with any large financial institution and you can trade directly on Currenex.

The numbers above are incorrect. Reuters is much higher, FXAll numbers include T/N swaps and the spot volume is only around 6b per day average and overall volume average is much lower. EBS is about correct on average. Currenex is the 3rd largest platform for spot transactions behind EBS and...

Not sure why you keep referring to banks. If you are using a white label provider who also sources liquidity from the generic Currenex platform, then most (80%) transactions are customer to customer transactions. Currenex as a technology vendor has many customers white labelling its software...

Sorry, we are not releasing volumes to the general public at this time however I can tell you it is significant.

For my second post in history, I can state that your above statement is completely false. In fact, Currenex has no such documentation in its existance. All Currenex customers sign the exact same contract that has nothing of the sort included. Maybe you are referring to a white label provider...

I will use my first public post ever to tell you that your information on the marketplace's above is severely misguided. Your information on Hotspot, Currenex, and Lava are all incorrect. While some of your post contains relevant information, its attribution to certain marketplaces is inaccurate.