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I get my facts from the CFTC, you on the other hand show no numbers at all. A hedge fund manager does not hold any meaning without concrete numbers. He could have been managing a couple of million back in the day when Oanda started out and even then that does not reflect his wealth at that time...

I don't see where you get your information that Olsen / Oanda has always been a 'huge financial company'. Especially a marketing page without concrete numbers with a message about their position today does not help. edit: I checked the CFTC archives and the first report Oanda shows up, they...

Oanda is one of the big ones now, they used to be small. That's exactly the problem with the 20 mil cap, you prevent small companies from entering the market and thus limiting competition. If there would have been a 20 mil cap when Oanda started their business, I don't know if they would have...

Please, his argumentation is perfectly clear. Do you really think spreads would be as tight as they are today without (former) small firms shaking everything up? I know for a fact that would not be the case. Don't attack him, counter his arguments.

Where did the spellcheck go at the bottom of every new post? I really liked it. I sometimes even visited EliteTrader just to check text for mistakes that I wanted to post somewhere else on the internet :eek: :D

I think you are mistaken if you think 'anyone' can raise 20 million. If you look at the number of firms dropping just because of the 5 mil cap, the 20 mil cap will be a bloodbath.

I think the 20 million cap would be a mistake, it would only leave 8 forex brokers according to your list above. Maybe a few more if some merge.

Fighting inflation is not an issue on which a central bank should compromise. Low and stable inflation is absolutely necessary for the long term stability of the economy and currency. Everybody looks at the FED for a bailout when something goes wrong. Exactly this behaviour makes other parts...

IronFist, I suggest you read all the content listed on the page below. You will better understand the forex basics. http://fxtrade.oanda.com/help/ Especially: http://fxtrade.oanda.com/currency_trading/overview.shtml http://fxtrade.oanda.com/currency_trading/fxbasics.shtml...

http://www.netdania.com/ChartApplet.asp

At most market makers and ECNs you are not able to trade on the weekends; i.e. you can only trade 24/5. Oanda allows you to trade on the weekend, but at higher spread costs because they take on more risk (not able to hedge your trades effectively, etc). See the link below for IB trading...

You can't avoid the spread increases, other than not trading at news announcements and holding positions over the weekend. Mind that the spread increases are not a big problem if you think about it. The spread is equally distributed on the bid and ask. A spread increase of lets say 6 to 20 for...

This effect is very real. Think about commodity prices as well. The rise in oil prices will have a more moderate inflationary effect when the canadian dollar appreciates. Combined with cheaper imports this will have a significant moderating effect on inflation. The Central bank in turn can...

That's not a very good comparison. The GDP of a country is the value added by all persons in that economy. The value added to the economy by PetroChina is equivalent to it's profit. The profit of PetroChina is likely nowhere near the GDP of Russia.

In that case the segregation will only work well as long as the NFA can anticipate bankruptcy. This may be the case for firms slowly deteriorating, certain events however can not be foreseen. For example a major scandal like Refco would leave 'segregated' funds at risk. Segregation should only...

forexsavior, I'm just curious if you are gathering all this information out of own interest or if you are working for some organisation? From the link you provided, I found the following comments from the NFA an interesting read. It mentions the abolition of the so called haircut charge and...

To start with the cost of hedging your position, I would think almost all FX brokers offer very competitive rates compared to other financial institution. More so because FX brokers focus on low spreads to attract customers and frequent trading activity. Your one time hedge will benefit from the...

I would say PROVE IT! People like you keep on pumping these insane ideas without factual basis and pretend these are hard facts. How do you want to prove the official CPI numbers are incorrect by taking a subset of the total CPI basket (food) and of that subset, show only the highest percentage...

I don't understand what you mean.

So what is the price for gasoline in the states? In the Netherlands, the current rate is about 1.35/1.40 EURO a liter. Which is about 5.10/5.30 EURO a gallon. The price in the states is much lower, right?