admd sometime hold's your trades. here's what they send me.
Hi,
EUR/USD 2 pips
USD/JPY 2 pips
GBP/USD 3-4 pips
USD/CHF 2-3 pips
USD/CAD 3-5 pips
AUD/USD 3-5 pips
Our dealing desk is our primary risk management center that acts as a backup to our online trading clients in case of a technical problem with the platform. We also cover larger institutional clients on a direct basis.
When we discuss straight through processing we are referring to the processing of post trade information. When deals are executed on the OLT platform they are immediately captured into our middle and back office systems and will be reflected in your real-time P&L and risk management windows in your OLT platform. If you are referring to how the risk is managed, the prices that you see are an aggregation of all of our bank liquidity directly into the platform. When you execute a trade we have the option to keep it or pass it directly to the banks depending on the size of your trading and other risk parameters. Our goal is to provide total price transparency to the client so that you can deal on current and accurate market rates. To maintain these aggressive spreads we work with our banks to manage flow that they may not be interested in such as predator clients and clients that deal in small amounts. Most of the deals are passed directly to the banks.
Max deal size is 10 mio USD per click, however we have made exceptions to certain clients based on the needs.
Thank you for your interest,
ADM Derivatives, Inc.
Support Division
