Does the Grail exist? - page 195

 
sllawa3:
You seem to have a vague understanding of the price formation process (by quote providers and especially at the DTs)

I have a good idea how I get quotes into the terminal, and I even often find out where my brokerage company will get quotes from this month.
 
sllawa3:
You're kidding! Trading with Deutsche Bank you trade with a brokerage house ... that's the first ... Secondly, the bank receives its quotes from a quotation provider who is not the bank itself ... and thirdly, what does it mean when you say real Forex? ( forex does not exist as such )

Are you sure of what you are saying ;) ?

Good luck....

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sllawa3:
You're kidding! When you trade with Deutsche Bank, you trade with your brokerage company ... First ... Secondly, the bank receives its quotes from a quotation provider, which is not the bank itself ... and thirdly, what does it mean when you say real Forex? ( forex does not exist as such )


I did not make you laugh - there is no DTs attached to this bank. The bank accepted capital from individuals of $10m (at the time) and took those lots directly to forex. Forex is an interbank market. The bank accepted money for management and directly opened positions.

What is so funny?

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Alligator:


Do you have any idea how much money we are talking about? For such sums it is quite a good percentage, I was talking about trading as a way of earning a normal living for a common man, with capital that you can most likely have in your own account or in management.


A normal normal normal person does not trade on the forex market. Forex is an interbank market with a very large minimum starting capital.
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I'm 100% sure... A DT from Deutsche Bank does not use quotes from its own bank....!!! Just like there is no centralized forex exchange

Every brokerage house uses a mix of several providers of quotes (similar to the ones traded by banks). The quote provider (market maker) in its turn provides quotes by averaging ( data flow reduction) the information from the swift on the trades of several banks.

for the uninitiated: swift is an interbank information exchange system with a high information capacity...

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To cut to the chase, there is no grail.

much less the concept of "trend".

All TA fans need to do something about the key definitions of TA

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sllawa3:

I'm 100% sure... A DT from Deutsche Bank does not use quotes from its own bank....!!! Just like there is no centralized forex exchange

Every DT uses a mix of several providers of quotes (similar to the one from other banks) and the quote provider (market maker) in its turn provides quotes by averaging ( data flow reduction) the information from the swift on the trades of several banks


There is no DC at this bank. DB is created for retail clients. DB is a direct participant in forex and does not work with retail. Min lot - from $10m (was in 2008)
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FAGOTT:

There is no DC at this bank. DB is set up for retail clients. DB is a direct participant in forex and does not work with retail. Min lot starts from USD 10 mil (was in 2008)

http://www.dbfx.com/

http://www.forexpros.ru/brokers/dbfx-deutsche-bank

 
sllawa3:

Deutsche Bank's DT does not use quotes from its own bank's trades at all....!!!


I don't see it, give me the link, yeah I do