pricing - page 3

 
timbo >> :

Don't argue, hot Finnish guys, you are both right. Marketmaker has two very similar but simultaneously opposite meanings.

1. A market maker is a big, even huge, bank, which can be counted on the fingers of one hand in the world, and which provides exchange operations for all the real market participants. It is a billion-dollar operation. It does not trade currencies for profit, only services for market participants.

2. Market maker is a kitchen BC, which provides exchange operations for its clients, as if they were participants of the virtual market. Kitchen in this context is not a swear word, it has a neutral meaning, it is just the opposite of DC working by the direct access principle, when each client's transaction is brought on the real market, no internal set-offs, no profit from clients' sinking - only commission for the transactions. From this point of view, all brokerage companies on MT are market makers or kitchens.

In Russian market maker refers more to point 1.

As far as I know only layouts makers - only the biggest banks can put their quotes into a raiter or something else (they can be wrong accidentally or deliberately) brokers also have this expression screen lie and that ordinary brokerage companies make a price and not just trade with the broker I do not know or my knowledge is wrong Help please help to understand a little

 
VladislavVG >> :

Do you think that billions of dollars (euros, .... et cetera) are sent in cash - by steamers or what? of course payments are made electronically. By the way, only in the CIS space are cashless and cash different as a means of payment - in the rest of the world it is the same...

>> Good luck.

I told you about the delivery in 3 days, you told me about the farthing.

>> Good luck to you.

 
VladislavVG писал(а) >>

Are we talking about market makers or who? A market maker's function includes the obligation to maintain liquidity - i.e. he simply are obliged to execute an order (sell or buy a certain volume of currency at a certain time: 3 days if it is a spot). By the way, market makers operate in a non-marginal market. If an asset (currency) cannot really be bought or sold - there is no demand for this asset (it will fall) and no liquidity - it means that the market maker does not fulfill his function with all the consequences....

Respectfully.

SZZ all this does not apply to the notion of "type 2 market makers" - who are just kitchen DCs....

MM and maintains liquidity in the OTC market by giving bilateral orders. The VC is the market for its clients and it is over-the-counter (there is no market maker). It gives all clients bid and ask at any time. In the exchange market, a market maker who maintains liquidity but is an ordinary market maker (but has certain obligations and remuneration) is called a "specialist".

 
BARS >>:

))))

Угу, взорвались башни - курс евро в ДЦ 1 грохнулся в ДЦ 2 взлител
Двигать смысла нет реально, есть большой оборот то тяжело отследить общию тенденцию да и смысл... одни сожгут другие выйграют )))

А по статистике и так 99 с лишним сливает, че заморачиваться.



I have three terminals from different brokerage companies and I compared them all with a 5-10 pips difference and when there is a lull all three are working in sync. If no one looks at the layout maker (their right to quote for the whole world), why do they do it? THIS is the first and the second. Where does the interbank rate come from, where do the maker fill in the bullshit?



 

There is no interbank market as such

There are inter-bank trading systems.

To put it more simply, imagine a cellular market, even a cellular network - in one region two providers can have the same price.

And there is no coverage area :)

The same Reites does not cover everything you can not embrace, but part of it, which one I do not know. ( But it is important :))

 
fate писал(а) >>


The difference between an exchange market and an OTC market. In the over-the-counter market, participants can bid for and sell their prices, and they may differ considerably. You can make a deal with them (if they also agree to make a deal with you). There are MMs who are obliged to keep their bid and ask quotes at all times. But trades in the market can be done not only at their prices. At the OTC market the transaction can be performed at different prices at the same time. Or it draws quotations without any overlapping, but in this case the risk to be caught at the expense of arbitrage.

 
Probablymost of your misunderstanding stems from the fact that you don't have market makers, but layout makers. I'm not mocking the misspellings: you write the term in its own wording with enviable consistency in every post you make.
 
Mathemat >>:
fate, наверно, бо льшая часть вашего непонимания связана с тем, что у Вас не маркетмейкеры, а макет мейкеры. Я не стебаюсь над описками: Вы с завидным постоянством пишете этот термин в такой собственной редакции в каждом своем посте.

This is not a typo, but an attempt to "spell" English correctly in Russian letters. It looks ridiculous, but it has a right to life. It's better to write it in English, imho.

 
That's what I'm saying: it's not a typo. There is clearly a distorted meaning in this spelling, because a layout (model) is not the same as a market (market).
 
Do MM have the right to insert fraudulent bullshit into their system for the purpose of speculation? As I understand they have a buy and sell price and in any case they will not lose the MM must wait until the price exceeds the difference and at this time the MM with the help of a broker can speculate and show their quotes in all terminals (and this proves that they work simultaneously) and the weight of one of the MM can change the quotes in all terminals, is it so?
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