Quote from davidmaria1:
Doug Allen
T-Bone, no idea mate, they've obviously got some serious backing though, they seem to be buying everyone out!
There's definitely a connection between them and Deutsche Bank, if you phone DB and ask why their retail platforms are identical they're very secretive about it for some reason.
Ooooh, I feel a conspiracy theory coming on......what juicy made-up gossip can I propagate I wonder.....
Edit: Just came across an email from DBFX back in January last year when I asked them about the DB/FXCM connection, here's an excerpt...
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.....However as you can imagine there are competing concerns within any large organization and in this case we're prevented from disclosing certain information.
I can tell you that we use certain third-party technology including FXCM's API technology for automated trading. However beyond that we're not able to disclose anything further. Many clients ask about platform and API similarities with FXCM, and all we're able to do is point out that while technology may be shared or licensed, all dbFX clients are direct clients of the bank, hold funds with the bank, and trade directly with the bank.
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