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Blockchain will massively change commodities ops, repo, inventory finance etc etc. That has already started. Bitcoin and friends? pointless and without value. For comparison: The technology underlying the internet has changed everything, but the price of the internet never existed. bitcoin is a...

FX futures are imho a fairer playing field than playing against the casino, the shop that takes the other side of your trade. As for algos? Funds pay good money to developers for that. Unless one is better than them, the returns will be statistically not significant from zero after costs. Then...

Retail FX? Good luck, waste of time. Odds massively stacked against one. There are better markets.

Trading news? This game is over. Unless you have fully automated a workflow of getting news feeds real time and your trading machine is co-located, zero chance in the long run. On top of all that, how good is the news source anyways? Introduce a few milliseconds of lag or worse, the news quality...

Why wonder the dark alleys of weekend trading when someone may make you a market while wholesale is shut. Who knows what "price" you'll get quoted. FX volume has patterns across the week and even intraday, remember the cable drop one night a few months after the Brexit referendum? Was a fat...

Is there any specific motivation to have AMP Global Europe based out of Cyprus subject to their local financial regulators? Could only think of CFDs really. How does Cypriot law compare to the US or UK and what are the implications for clients? If for example one were to hold an account in...

Is there any specific motivation to have AMP Global Europe based out of Cyprus subject to their local financial regulators? How does Cypriot law compare to the US or UK and what are the implications for clients?

In my humble opinion, that's ways too expensive. That's almost the price tag for a proper Reuters platform and maybe 1/3 of a Bloomberg box. More importantly, you would need to achieve an annualised rate of return in excess of 75% just to cover the fixed costs before commission and tax on PNL...

Wow. But surely the platform developer is busy working on bug fixes?! In my humble opinion this sounds almost like sloppy workmanship. Are similar issues known for other platforms/languages? I am coming from the other camp, I use non-trading languages and write my own back-test code which I then...

OHLC, V, OI, for outrights for Ice EU and US, calendar spreads, inter-market spreads, Reuters news stories. On the vol side, it's surfaces, the usual really. The price charts are very simple barcharts really, to mess about and analyse, but not to trade off.

One more thing to add: if one looks at the screen real estate in these firms, the screens/TVs are full of price quotes, maybe one or two charts, but even those are not cluttered with technical studies. That's telling.

Let me give an example from the world of commodities. Prop trades are almost always fundamentally driven. At least it gives the general direction. A lot of money is spent on research, to get an S&D together, to arrive at in-house surplus/deficit estimates. A retail trader/investor might pick up...

By means of a quick update. I decided to proceed with Generic Trade. Given the spreads I'm interested in, a full blown all bells and whistles platform is unnecessary overkill and costs. With this specific set-up, I'll only be incurring trading fees and zero fixed costs. That's one heck of a deal.

Thanks! Advantage have it on their site actually but no one else. The clearing firms in question are: IB, AMP Global, Dorman, Ironbeam and Wedbush.

Thanks you all. By the way, where can I actually see the capital reserves of a clearing firm? Do they need to be published in the public domain? Apologies if this is a newbie question perhaps, I am not having much luck finding this info. Finding an FCM's record on the NFA is easy and straight...

Programming skills are essential imho. I remember back in the days (early '00s), wanted to backtest ye olde turtle rules. In coffee. In excel, by hand!! agrr. The spreadsheets exploded in size and all got messy. Now I back-test and develop/explore ideas by mainly scripting. Total game changer...

Hi all, has anyone experience trading through Generic Trade? I am trialing their web based demo account and like what I see. But I cannot find any recent reviews of them on here or elsewhere. What would be equal or better alternatives? My requirements: calendar spreads on CME, low volume and...

Hi all, hope you could put me in the right direction. I am looking to set up a low cost platform/account for Eurodollar spreads. A few years back I traded the Short Sterling contract on ICE and I was profitable. CQG mobile was the platform. CQG allowed me to define the various spreads I was...