Let me explain to you. In 2006 or even earlier the only way to connect retail clients with the Banking Market was what was used to be called the Retail Dealers or the Retail Aggregators. So, Retail Dealers are market makers to their customers; and they traded on a home sale basis with their banks. Obviously this lead to a lot of problems. The Retail Dealer chooses not to hedge the client’s positions but to take the other side of the trade 100% of the times or a significant percent of the times. So they have a conflict of interest with their clients.

In 2006 FXCM invested millions of Dollars and many years of technology to turn the business into an agency model called no dealing desk, where we have today 15 price providers, 12 banks and 3 hedge funds. They are market makers on the system. FXCM is not the market maker at the system. FXCM aggregates all these and takes the best offering for each currency pair from each market make. The market makers cannot see the client’s positions. They can only see that they are trading with FXCM. FXCM has over 200,000 clients trading.

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IBTimes has launched an independent trading centre for CFD (Contract for Difference) traders. The UK business news provider’s new portal is called ‘CFD Centre’ and includes real time markets news, analysis, market data, charts, an economic calendar, brokers’ profiles and education resources for CFD traders. As CFD traders face increasing competition for attention – IBTimes’ CFD Centre provides an independent news source that is backed by the branding of the International Business Times, which operates now in twelve countries worldwide.

Beginners and those less experienced in CFD trading can find dozens of articles, guides and tutorials in the special section dedicated to  education, which is supplemented by videos, a glossary and interviews with CFD brokers. The users can benefit from first hand exclusive analysis and market commentaries from top analysts such as David Morrison, Joel Kruger, Ashraf Laidi, Jane Foley and many others.
“IBTimes is the only mainstream business media news source committed to supplying the increasing number of CFD traders with real-time news updates, comments and other tools for successful trading,” Helder Cunha, Director of Content Development at IBTimes, said. “The IBTimes CFD Centre includes an abundance of real-time news, analysis and tools designed to accommodate the specific needs of CFD traders. The service will improve each day as we integrate feedback of industry veterans  and our users, making the IBTimes CFD Centre the ultimate resource for every CFD trader.”

IB Times Launches CFD Centre

Filed under: CFD News by cfdtrader
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