2 b per month volume

I doubt that anyone takes you seriously... even your mom.

No one actually capable of implementing your fantasies...
Would be talking about it on ET.
 
Quote from DeeDeeTwo:

I doubt that anyone takes you seriously... even your mom.

No one actually capable of implementing your fantasies...
Would be talking about it on ET.
More...

hahahha... fantasy.. :D

I know my thread will attract some narrow-minded people.

Welcome to the beautiful world of fantasy.:D :D

Anyway.. I got what i looked for by great guys who were able to deal with the possibility that i might talking seriously. Thanks for all who PMed me and i appreciate your help.

Regards
 
Quote from JamesL:

50k account, cheapest avg rates, 95% are limit orders...

only real choice is MBT in my opinion
More...

Yea.. they pay for limit. and their spread is wonderful..

However, is there any broker outside USA?

Thanks,
 
Quote from mcgene4xpro:

Hi,

I am negotiating many brokers ( reputable retail ECN and Currenex ones) to get the cheapest cost of transaction.

My volume : 1-2 billion per month
Forex
95% of my trades executed via pending orders.

If any knows how and where i should go, plz share

Thanks,

McGene
More...


There's a big difference in quoted volume and executed volume, you plan on executing 1-2 billion notational every month?

1 tick loss = 200,000$
 
Why are you asking about 1-2 billion when you say you are going to start out with 50mil volume/month? Start out with actually making money. 50mil is 5% of 1bil and 2.5% of 2bil. I doubt they will take you seriously.
 
Quote from ExchangeBonds:

Why are you asking about 1-2 billion when you say you are going to start out with 50mil volume/month? Start out with actually making money. 50mil is 5% of 1bil and 2.5% of 2bil. I doubt they will take you seriously.
More...

You are right. It is my mistake to mention the 2 b issue. I had to talk only about the 50million realistic start for me. I agree

The full potential of my ATS can go to 1.5 b. It will go to this volume only by its frequent submitting/executed behavior. This multiplication came from the potential frequency part .. not from the individual volume part.

However, it is the theoretical part... I had to stick with the practical part.

Practically, i can start with 50 million... on the retail side. I am not sure my boundery " in terms of frequency" on retail , where it will go. I assume it can go up to 250 m.

However, i need to find a niche broker. I am expecting to get something like 0.1-0.2 pip and 10$/million RT commission rate.
For such 50 million per month volume... and 95% pending..

Then,... after few weeks, i could further negotiate or find another niche with better terms.
 
Quote from JuniorCTA:

There's a big difference in quoted volume and executed volume, you plan on executing 1-2 billion notational every month?

1 tick loss = 200,000$
More...

Yes.. on paper.. this is true. But no way i could play 2 billion with my tools now. It is far beyond my catch. So, let us talk about the 50 m/month.
 
Quote from mcgene4xpro:

Yes.. on paper.. this is true. But no way i could play 2 billion with my tools now. It is far beyond my catch. So, let us talk about the 50 m/month.
More...


Does not answer if its quoted or executed.




Also,

0.50 per 100,000 (MBT Pay for limits)


50,000,000/100,000 = 500 standard lots

500 lots * 1 = $500 in rebate


If your strategy breaks-even every month, you'll collect $500/mo or $6,000/yr


Add the hardware costs
Add internet connection cost (recurring)
Add managed services cost (the people at the data center who help manage ur server)

And you are running a business with negative operating income.

Congrats.
 
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