NFP

Non Farm Payroll

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Although the Current Employment Statistics section of the United States Bureau of Labor Statistics still says:

The Employment Situation for September 2013 is scheduled to be released on October 4, 2013, at 8:30 A.M. Eastern Time.

the BLS home page currently displays this notice:

More on September Non Farm Payroll Release Postponed

Filed under Economics by  #

4

GKFX are proud of their dealing desk and their fixed spreads. In this guest post Paul Hare, their Director of Trading, explains why. (Note that GKFX are a UK based broker, and are therefore regulated by the Financial Conduct Authority (FCA for short, and formerly the Financial Services Authority). Some of the regulatory points Paul makes don't work in quite the same way in other jurisdictions.)

More on Dealing Desk or No Dealing Desk – That is the Question!

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Thanks to yesterday's disappointing Non-farm Payroll numbers the greenback fell and my troublesome sell limit order at European broker ActivTrades finally got filled.  Consequently my new Interbank MetaTrader 4 micro-lot account with them is now fully funded, and open for business.  As you can imagine, I have had one or two long discussions with ActivTrades over the last couple of days. During the course of those they pointed out to me that enough of their liquidity providers are now willing to quote and fill a 1K trade that it had now proved possible for them to introduce micro-lots on their "Straight Through Processing" (STP for short) MetaTrader Interbank accounts. When I enquired what "enough" meant in this context, the number three was mentioned. Unlike their Standard account, there is no "averaging algorithm" inserted by ActivTrades between you and the banks on their Interbank account. Instead they just add a bit to the spreads they are quoted, since they have to earn a crust somehow just like the rest of us.

More on MetaTrader Micro-Lots go STP

Filed under Brokers by  #