BROKERS ARE YOUR BRIDGE TO THE MARKET PLACE. THESE CONNECTIONS MAKE TRADING POSSIBLE FOR RETAIL ACCOUNTS.




 

- EXECUTION -

 

DEALING DESK (DD)

ORDERS ARE ROUTED THROUGH A DEALING DESK

FIXED SPREADS

NO ACCESS TO REAL-TIME MARKET QUOTES

 

NO DEALING DESK (NDD)

SPREAD IS  MARKED UP

NO DEALING DESK OR DEALER INTERVENTION

ACCESS TO REAL-TIME MARKET QUOTES

 

STRAIGHT-THROUGH PROCESSING (STP)

SPREAD IS  MARKED UP

NO DEALING DESK OR DEALER INTERVENTION

ACCESS TO REAL-TIME MARKET QUOTES 

 

ELECTRONIC COMMUNICATION NETWORK (ECN)

ACCESS TO ECN POOL (BANKS, BROKERS, FUNDS, & OTHER INSTITUTIONAL LIQUIDITY)

BROKERS CHARGE COMMISSION
DEPTH OF MARKET
INTER-BANK PRICING
"ANONYMOUS" TRADING ENVIRONMENT


ADDITIONAL CONSIDERATION POINTS INCLUDE: 

 

- PLATFORM

- SPREADS

- COMMISSIONS

- WITHDRAW PROCESS & FEES

- EDUCATION

- ANALYTICAL TOOLS

- SUPPORT STAFF

 

TO GET STARTED,

I RECOMMEND: