FOREX: Trading 100+ million (multiple times intraday) at interbank conditions

[RedDuke]

Wow, 100+ intra day flipping. That's huge, I am looking at 10 mil flipping, but I am still al least few years away from it.

[vankatav2003]

hi,

can you send me private message how and who to contact at dresdner bank , i heard very good things about them and i want to open account with direct line from there.

Ivan

PS: Your mailbox is full

[tradeigel]

of course, Dresdner Bank is good, it's German !
Well, I think you could use Dukascopy, too. They're a swiss broker.
http://www.dukascopy.com/
and for a piece of their data: http://www.moneytec.com/forums/f33/f...-1m-eur-20122/

[naz9403]

I posted about how i was proven very wrong that intraday flipping can provide vast quantities of money if you trade it correctly, and that is 100% focused, quick, and emotional sound in sticking to your rules.

Having instant execution being a problem because of size is not a problem i see happening to many individual speculators. I'm sure there are a few private accounts who flip the major pairs daily. What i would like to know is that traders who have the ability to make money flipping intraday pairs with huge size, what is the size they can trade with getting a near instant execution, and what charting packages they can use with the correct market quotes. I'm assuming bloomberg.

Prime brokerage side of forex is the area i do not have much knowledge and would like to know more about.

[shabbir64]

Here's my 2 cents.

If you are really 100+ plus a day and are prepared to work on 25 times (4% margin)leverage as you say, you can connect with prime brokerage.
There are couple of tiers for high volume traders.

Look up http://www.hsbcnet.com/hsbc/online/e-fx-solutions

you will see that you can access Currenex, FxAll, Reuters FX, etc.

Make sure that the broker is not a counter party to your trade. This is important because you do not want a situation where for you to make money your broker has to lose money. You want the broker to be a neutral party, making money only from your trades as commission.

Other info on instituitional platforms such as Currenex, FXAll can be obtained by typing Currenex prime brokerage or white label and you see the platforms available.

Hope it helps

Cheers