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FOREX TRADING EXECUTION LEARN THE FACTS

FOREX TRADING EXECUTION LEARN THE FACTS. No Dealing Desk Competitive Advantages. FXCM’s No Dealing Desk Advantage. No re-quotes No order restrictions Over 12 liquidity providers competing for client order flow Market makers cannot see your orders – providing clients anonymity

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FOREX TRADING EXECUTION LEARN THE FACTS

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  1. FOREX TRADING EXECUTION LEARN THE FACTS

  2. No Dealing Desk Competitive Advantages

  3. FXCM’s No Dealing Desk Advantage • No re-quotes • No order restrictions • Over 12 liquidity providers competing for client order flow • Market makers cannot see your orders – providing clients anonymity • All Trading Strategies welcome

  4. No Dealing Desk Model BANK 1 S: 1.32233 B: 1.32258 FRONT END BACK OFFICE BBOE BANK 2 S: 1.32213 B: 1.32248 BANK 3 S: 1.32223 B: 1.32238

  5. Pricing Engine BANK 1 SPREAD 2.5 BANK 1 S: 1.32233 B: 1.32258 BBOE BANK 2 SPREAD 3.5 BANK 2 S: 1.32213 B: 1.32248 BANK 3 SPREAD 1.5 BANK 3 S: 1.32223 B: 1.32238

  6. Pricing EngineBBO - Best Bid Offer 1.32233 / 1.32238 0.5 pip spread

  7. No Dealing Desk Model BANK 1 S: 1.32233 FRONT END BACK OFFICE BBOE BANK 2 BANK 3 B: 1.32238

  8. Know the Facts: Know your Broker • When will I get a re-quote? • What are the order restrictions on news? • How far away do I have to put my stops? • How many pips away must limits be? • Who is my market maker? • Who sees where I set my stops, limits, and entries?

  9. Which Strategies work at No Dealing Desk firms? • Any Trading Strategy • Break Out • Scalping • Momentum • Range

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