Funny, if you didn't know better you'd think there was a firm out there, included within the "Dead Firms Walking" category, that was beginning to hurt the established big gun
MARKETMAKERS wouldn't you?!
FXCM haven't been dropping market share lately have they, by any chance?????
Whilst the regulatory bodies (excuse me while I stifle a giggle) are conducting their extremely efficient & diligent audits, isn't it bout time they also ran the ruler over the antics of some these WELL CAPITALIZED
dealing desk outfits?
After all, the likes of FXCM are straight up, respectable, highly regarded dealers aren't they?? They wouldn't dream of running stops, re-quoting, widening spreads for inordinate amounts of time around every possible news announcement etc etc?? Nah, they're not scam merchants at all - that's all perfectly legitimate business practice isn't it
Regards capitalization, a fellow trader made a valid point on another forum:
"Suppose you're trading with a company that has 100 Mio capital but also has unhedged client positions equal to 150 Mio. Does the capital of the company make you feel better? Does the capital requirement protect that company from going under?