what about customer service ? Is it the same as well, and what do you mean, underwritten by DB ? DB is the liquidity provider .
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Deutsche Bank and FXCM Connection
- Thread starter Veyron 16.4
- Start date
Quote from Pippi436:
Is it that unbelievable that DB streams their own quotes? Personally i dont know (or care), but it would appear DB wouldn't really need assistance from someone like fxcm to make a market in ccys.
RBS or UBS don't use Oanda quotes on their oanda-based retail software either.
Right, Oanda is acting as the ASP there and only providing the platform. All DBFX quotes emanate from the FXCM servers in NYC.
I thought this was back in 06-07 and they took over the whole business ! But the DBFX people are actually shown as FXCM people on the NFA site ... This doesn't make sense
You might want to look into http://www.currenex.com/about_us.html to trade FX.
I'm sure you are well aware of call centers outsourced to foreign companies. Why can't forex brokerage be outsourced the same way?Quote from trade2live:
I thought this was back in 06-07 and they took over the whole business ! But the DBFX people are actually shown as FXCM people on the NFA site ... This doesn't make sense
Quote from LeeD:
I'm sure you are well aware of call centers outsourced to foreign companies. Why can't forex brokerage be outsourced the same way?
The argument is white-labeling vs. ASP. DBFX is behind the operation in name only. You are dealing with FXCM pricing and all that entails. If choosing between FXCM direct or DBFX the choice is easy, you go with the bank, but most will choose not to deal with FXCM in any capacity.
oanda.sg for true segregation and better spreads.