CME currency market makers

[NickBarings]

Are those market makers able
to see the stop orders in the order
book ?

 

[FredBloggs]

only yours - not mine

 

[NickBarings]

Hey, that's not fair ! :eek:

 

[NickBarings]

On a serious note now..are they ?

 

[NickBarings]

Somebody must know !:eek:

 

[TRS]

Sorry to not answer your question.
They will not hit it, if they can't hit it. IF your stop is hit, your stop worked.

 

[Pabst]

Quote from NickBarings:

Are those market makers able
to see the stop orders in the order
book ?

No.

 

[NickBarings]

So they are completely on a level
playing field with all the other
participants ?

 

[Pabst]

Quote from NickBarings:

So they are completely on a level
playing field with all the other
participants ?

Yes. A MM in futures is not analogous to MM's in equities. Other than the CME giving breaks on fees there's no special advantage.

 

[aPismoClam]

idunno. one would think that mm's would need to know what the market is. otoh, one broker doesn't necessarily know another's stops.