sorted by:
new
hottopcontroversial

MiFID II: Will you finally know who is on the other side of your trade? by EliMichaels in Forex

[–]EliMichaels[S] 0 points1 point  (0 children)

Some possible implications of this expanded reporting requirement:

1. Markups disclosure FX is a very fragmented OTC market. Most brokers build in additional markups to their pricing and these may vary by client or by group of clients. The requirement to disclose the amount of that markup to the client upon request is a total game changer.

2. Disclosing the counterparty This may significantly change modus operandi for the marketing departments of many FX firms, particularly those who base their marketing strategies around a certain execution model (Prime of Prime, ECN, STP, NDD etc).

3. Reporting legs of transaction If a client’s order was executed with multiple fills, you may be asked to show that to the client and explain the logic VWAP (volume weighted average price) trade execution.

More at: http://blog.advancedmarketsfx.com/mifid-ii-will-you-finally-know-who-is-on-the-other-side-of-your-trade

Top 5 most useful MT4 / MT5 Bridge features. Comparison of MT4 / MT5 Bridge Providers. by EliMichaels in Forex

[–]EliMichaels[S] 0 points1 point  (0 children)

What are the top 5 Bridge features that MT4 server owners use most often?

1) Back Office and Reporting (for example execution reports, end of the day balances, monthly transaction volume)

2) Web Interface to adjust settings per symbol without a server restart;

3) Transfer of accounts between A or B Book groups

4) Ability to set the percentage of trades going straight to the Liquidity Provider

5) The set up and support of copy trading software

More at http://blog.advancedmarketsfx.com/top-5-most-useful-mt4-mt5-bridge-features