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Old 05-16-2008, 05:08 PM
mytwopips mytwopips is offline
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Join Date: Mar 2008
Location: Huntsville, TX.
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Quote:
Originally Posted by bubbajenkins View Post
I'm not sure what he meant. All I know is that this particular trader knew how to manipulate the dealing desk and exploit it's human error. I think it had something to with the spread. Apparently, FCM's, as opposed to ECN's, do not like this type of trader. In other words, this trader had a way of beating the house. Again, if you know of anybody who might know what i'm describing, let me know.

Most likely taking advantage of a price feed lag between the FCM feed and another faster feed. Scalping when ever price beat the spread in that short short short time period.

Brokers don't play that.
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