Search results

  1. M

    Proposed NFA Capital Requirement

    From what I hear he's under investigation for non-FX related issues. He's former world champion at backgammon, so I guess he likes a punt! Not so sure the wheels have fallen off at Saxo - maybe it realised it was exoanding too fast and is being sensible. Staff levels back to where they were...
  2. M

    A Better Way To Clear FX Trades

    If you want a laugh, read the whole sorry saga. The editor has made them all free, I think. Quite proud of the headline, Is it squeaky bum time for FXMS? posted shortly after its damp squib of a launch. I'll write its full obituary when/if its offically closed. What are teh chances it rries...
  3. M

    cmc closing acccount for us residence

    Here is a report from a few weeks back about CMC laying off staff - it currently has free access.. http://www.euromoneyfix.com/Article.aspx?ArticleID=1993121&PageID=3449 There have been rumours for a while about how the relationship with GS going. CMC will fall short of the CFTC's net...
  4. M

    Turkish Lira Carry Trade

    Ask Eliezer Fishman, who got a Turkey stuffing in 2006, if the TRY can suddenly move lower. Talk was he driopped $400 million. Here's a link to Euromoney (which is subscription, but if you Google it, you'll find it)...
  5. M

    new broker:NEWEDGE FX ***ADVISE

    It is.
  6. M

    Proposed NFA Capital Requirement

    Better than shitty index then?
  7. M

    Proposed NFA Capital Requirement

    FX Solutions and IFX both owned by City Index, so I gues they make the cut?
  8. M

    new broker:NEWEDGE FX ***ADVISE

    Actually, I wonder if its Calyon's old Integral supplied thing rebranded?
  9. M

    new broker:NEWEDGE FX ***ADVISE

    Thanks. I'll check with NewEdge tomorrow. Very interesting.
  10. M

    new broker:NEWEDGE FX ***ADVISE

    Order management tools Our order management tool helps clients access in the FX marketplace. Newedge acts as a liquidity aggregator sourcing pricing from Top Tier banks and e-platforms. This business model is designed to provide customers with tight and neutral spreads – an advantage in...
  11. M

    new broker:NEWEDGE FX ***ADVISE

    Fimat was very active in FX and had an agnostic approach in that it would connect clients to most of the platforms of their choosing. I haven't read or received news that NewEdge is launching a new platform. I would imagine it has the capability to internalise a lot of its flow, but that would...
  12. M

    Trade of a Decade?

    Because of the carry cost, I will play it another way where I will earn the carry cost (or at least not pay it). Do not ask me to reveal how to do it here in a public forum, but it is doable! Decades ago, I wanted to short sterling/dem. Cost of carry was huge, so I did sterling/lira instead...
  13. M

    Hotspot FX

    Even on the institutional platform it is not acting as the market maker. It's the counterparty because in the same way that CME or Eurex Clearing is the counterparty to trades on the exchange. The hedge funds who use it are not daft and they have massive choice where they trade. There will...
  14. M

    Hotspot FX

    I've just speed read the client agreement. I think this all sounds like paranoia to me. I'd wager that the percentage of trades with Hotspot itself on the other side is miniscule. And don't claim that exchanges are cleaner. The CME even has its own market making operation GFX, which was...
  15. M

    Hotspot FX

    From what I understand, Hotspot is anonymous as it uses a central counterparty (yes, FXMS' claim to be the first centrally cleared OTC FX platform is not accurate). And it does not act as a market maker. Prices are from its liquidity providers and its clients. This is from Hotspot's website...
  16. M

    Felix the Bastard

    "I know that Felix is a member of this site as I have seen some of his posts here. From your perspective as a reporter I understand you think there is a story that needs to be told, but do you think it is appropriate to insert your bias into your reporting? Does that bias tell more about Felix...
  17. M

    Felix the Bastard

    Thanks, but that's the one that's bouncing! I tried through the website as well. You can't make this stuff up, can you?
  18. M

    Felix the Bastard

    I just sent Felix/Mmitri the following mail, but it bounced. Has anyone got another address for him, as I'd love to run something on this geezer. Felix/Dmitri Can you confirm that you are the Dmitri Chavkerov mentioned in the story below? Can I ask how all this is affecting your FX...
  19. M

    Proposed NFA Capital Requirement

    Is it Batman (Craig Karlis) or Robin (Ryan Nettles) behind Boston Research & Trading, or is it the Swiss-based South African Van Rensburg? Nettles was hawking Finex around a month ago, looking for investment out of Gibralter.
  20. M

    Barclays coming on board as well

    it's on www.euromoneyfix.com. This is a subscripton site, but has a trial facility. I write it, so please be aware of this. I'm not trying to encourage you to access it, just making you aware of it. Again, apologies for the small advert. But I do think I provide a service, as this board...
Back
Top