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peteuk · 26-06-2003, 05:24

Do they just create an insulated market between their own customers (traders), or are they part of the wider FX market and simply act as go-betweens?

Do they balance who is long and who is short within their own system before accepting a trade, and is it usual for them to hold prices until they are in profit themselves?

The reason I ask is that I had an open position yesterday and the price moved in my favour on my charting package (which is supplied by a different company) but the price on the dealers platform moved only a couple of pips and at one point was 20 pips behind. Is that usual for Market Makers? It's not the first time I've noticed it but it seems to becoming worse. Perhaps time to move my account, or are they all roughly the same?

Can anyone throw any light on the subject? Thanks!

Pete

26-06-2003, 05:24	#1
peteuk level 3 Join Date: Mar 2003 Posts: 581 Downloads: 0 Uploads: 0 Rep Power: 0	How do Market Makers actually work? Do they just create an insulated market between their own customers (traders), or are they part of the wider FX market and simply act as go-betweens? Do they balance who is long and who is short within their own system before accepting a trade, and is it usual for them to hold prices until they are in profit themselves? The reason I ask is that I had an open position yesterday and the price moved in my favour on my charting package (which is supplied by a different company) but the price on the dealers platform moved only a couple of pips and at one point was 20 pips behind. Is that usual for Market Makers? It's not the first time I've noticed it but it seems to becoming worse. Perhaps time to move my account, or are they all roughly the same? Can anyone throw any light on the subject? Thanks! Pete