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Yes there are 'official' marketmakers on Globex - without that rule they couldn't, for example, constantly stream quotes due to the CMEs messaging policy, from which they are explicitly exempt. There is really not much information available on that topic on the cme website.

If you look at the Oanda position window, you only always have 1 position per pair (that may have been established by more than 1 individual trade, and that may have multiple stop and target orders associated). Since you always only have 1 position, im guessing you can make a case for fifo...

Even if the return of 1.12% between January 08 and July 08 is true, it is below the riskfree-rate for the period, so you made less while incurring risk and drawdown. Dont use PR-material that gets owned by a savings-account.

Google for "paul chaney forex" - but be advised that hilarity WILL ensue.

Don't you have a gbp/usd long position?

Did you read that on the ForexFactory forum or something?

If 'cheap' is the primary concern, you can try IQfeed ($50 + assorted fees). Can't comment on quality, i never used them. As far as i am aware, IQfeed and esignal are the cheapest data-providers (non-broker). With IQ you will need compatible software like Neoticker or Ninjatrader, because they...

Bit insane to go long after a smooth 250 pip move up, just below the medium term top (from June 30) in my opinion. Looks like you picked today's high perfectly too. But what do i know, i do not trade this pair usually.

Well, i was just adopting ET wording. You said your self that you trade at bucketshops (oanda, cmc). I personally dont like the term at all, imo it is just used as a derogatory word for a marketmaker, which internalizes part of his client order flow (which is just the nature of a mm). What i...

are you having reading-problems or something?

"FXCM is a marketmaker, not a broker or pure agent, let's call it what it is,.." Right, you were just implying the same, if not explicitly stating it.

cabletrader: by the same argument you could say EBS (or hotspot or what have you) is a bucketshop since the (prime)broker shows up as ctpty. Discussion is getting a bit boring after rehash #132.

If you feel like spending money, have a look at KDB+ or Vhayu. Serveral institutions (as well as data providers) use these to store and distribute historical as well as realtime timeseries data.

Triangular arbitrage is not possible only using Oanda, they aren't total morons after all.

It goes directly from the client-computer to globex? The thought emerges the software would at least make sure there is enough free margin available in the customer account before sending an order to the exchange..

MGForex says on the bottom of their website that they are NFA members (listed as MG Financial). They are listed as FCM since 2001. However, they show only ~5 mil net capital. How does that work anyways (thought firms offering FX must have 20mil by now).

No, it just means firm operating money and client funds are in separate accounts, but in the case of a bankruptcy said client funds are still subject to creditors claims like all other firm assets. Its not the same kind of segregation like i.e. US futures accounts.

It hass gotten way easier to get access in the last few years. I.e. with advantage futures 1:20 o/n margin and 1:40 intraday (account needs to be 'adequately' funded but no hard minimum). There are a few others as well. For a smalltime punter like me (that doesn't always trade >1mil) it makes...

"on EBS market there is no such thing as leverage" The platform itself has nothing to do with financing/leverage - its a thing between the client and the (prime) broker. Of course there are firms with which you can trade on a margin basis on ebs (or any other market for that matter).

UK is very unlikely to move toward strong regulation. Some EU countries want to impose stronger hedgefund regulation and transaction taxes etc, but UK vetoes any EU-wide legislation in that direction and will do so in the future. London is by far the most important financial center in the EU...