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The difference is that the exchange will not steal your money. Not all Forex brokers will, but the deep sea of unregulated Forex trading is quite treacherous.
Unless one can afford to trade the interbank market, I would stay away.
Can you help answer these questions from other members on NexusFi?
^ "CME Group Statement on MF Global in Good Standing at CME Clearing".
^ "ICE Confirms MF Global Remains in Good Standing". March 18, 2008.
^ "NYMEX Holdings, Inc. Statement Regarding Its Clearing Members and Financial Safeguards".
^ "CFTC Statement on MF Global".
regulated = safe
unregulated = dangerous
ok I think I got it now.
“Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.” - Dr. Seuss
plug in manipulators
yes this has been around for a while maybe since the dawn of trading. Manipulation in trading....
re Transparency is a good thing....
yes so a push toward ECN, DMA type systems
Can we move on to the main question of does regulation save you from manipulation. We now have a few who say yes and examples which say no. So I'm gonna go start a 9mm vs .45 thread.... which one is better and why.
going fishing.... see you Monday
“Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.” - Dr. Seuss
I was talking about a broker/dealing desk intentionally padding the prices just like what happened to the Pension funds who were suing the banks.
If making it illegal for a broker to do that ... is your idea of over regulation ... I know some Penny Stock people that would love to have you as a customer .....
I'm just a simple man trading a simple plan.
My daddy always said, "Every day above ground is a good day!"
know for sure. On MB you are often trading counter party with another customer. I guess it does not matter if I get the "correct" market because I am getting a price that I negotiated for or selected myself. But generally speaking the futures less the forward interest should be pretty close to the forex. NBBO in forex is a concept at best.
The rest of this A vs B seems like just hearsay and internet rumor and probably not useful other then 9mm vs .45 type of discussion filler. Keep more of your money is what matters. Safety issues are your decision not a third party. If you think regulators are here to help you.... hmmm
++++++++++++++
so - Guatemala should be looked at strongly and I am am probably done here. really this time.
You keep talking about regulations, but I want to reiterate that my point is about transparency. Either one can view the depth of market or not.
I also hate unnecessary regulations and bureaucracy, but, as an example, I'm glad there are laws against people taking my possessions and/or killing me. I'm especially glad for the latter; I'm sure I'm on the top of many's death lists...
I do find it strange that Americans aren't allowed to trade on the LMAX Exchange , but are allowed to open account with numerous bucket shops. That just doesn't make sense.
By the way, I also tried to go wakeboarding yesterday, but the ice made it difficult. You lucky bastard!
