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Yeh, FX mkt is gonna erupt.

I got lost when it announced itself as the centralised decentralised market place. very confusing.

"Yeah I remember when Iran said it wanted to be paid in Euros. I laughed my ass off because I knew that sooner or later they would wish they had never heard of the Euro." It was actually in 2000 almost at the exact low for €/$......I tried to employ Saddam Hussein to trade spot eur.usd for...

This is what the regulator said when I asked if any other companies were in line: "Actually we do not think, that there will be much more in near future. As we mentioned when the law changed in April 08, we expect to have at the end about five to ten approved dealers. By the way: you find the...

Ok, a few points: The banks have a last look right on most platforms; if they don't like the trade, they can bust it. Most of the time, they don't, but they got fed up with a few bad apples in the high frequency trading community. On some platforms, it is also not possible to hide behind the PB...

It will depend on the prime broker, I guess. But it won't be small.

MIG got its Swiss banking license last week - no others are close to being issued I hear.

EBS is losing market share, or so it seems. The system appears to have a degree of inflexibility. The new pilot would seem to address these - it also includes fractional pricing. Not sure why it wasn't all rolled into main platform though. Must be a reason. The claim that it allows easier...

according the the weekly fix (www.euromoneyfix.com), Icap has told clients it will pilot a scheme for small lot (100,000) trading.

Get calls, mine, mine, mine, mine. Okay, get calls, yours, yours, yours, yoursssssssss! 'ow much av I made? No 'kin idea, shag. 'ang on. Abaht 75 grand. Nah, it weren't a minute. It was abahat free minutes, wernit? Old style dealing. FUNTASTIC...

Some more old muckers in this one: http://compliancex.typepad.com/compliancex/2009/11/2-charged-with-running-190m-ponzi-scheme.html

The US is a 'kin joke - how many times is me old mucker Craig gonna set up shop? Thx for the heads up, it's a bit more fodder for my cannon.

"Why trade an unregulated market filled with crooks, when you can trade a regulated market and the crooks (for the most part) have to follow the rules with everyone else." Tell that to the Jap punters who got f^&ked this week on the regulated TFX because the exchange set a wrong closing rate...

So here's a funny thing. I 'invest' in equities, buying a small cap in the Uk. The price is unusually tight - the spread is just 10%. I do it T+10, which gives me a level of leverage I can't actually work out. The stock moves, but the spread just gets wider and although it trades 15% higher than...

This article only goes to prove that some journalists are extremely good at------------talking out of their arses. It was complete and utter bollox from start to finish.

It will be a platform-agnostic OTC clearing service; you will need to be a GCM or have a GCM/PB to use it. If you ask the buy side if it wants clearing, the majority says yes. Ask then if it will pay for it, the majority says no. It probably has more attraction for options and forwards...

...with a few honourable exceptions. http://www.euromoneyfix.com/Article.aspx?ArticleID=2317020

TraderMade...............

It says it paid out a lot of dividends and had a tax liability. Don't think it's anything sinister

Most will migrate to futures? Yer 'avvin' a 'kin larf, ain't yer? The self-proclaimed pomposity of the FX futures industry has amazed me for around 25-years. As if there are no sharks or charlatans in futures. Market is big enough for futures and OTC and in fact, the dependence of futures...