Disliked{quote} Well, let's not mix things up: i only asked u to comment on your own claim - the one you stated. "These brokers are also the counterparties of their liquidity providers. That's because individual retail traders cannot be direct counterparties to the liquidity providers themselves."Ignored
Dislikedwhat Jason is saying is correct, as a retail trader you are not seen as a market participant themselves. (It is very normal to have $ 20M on ECN-markets, do you think that they are waiting for mini-lots trades? They would have to find 1000 mini-lots trades and one $ 19M trade to fill that one $20M trade. By that time the price has already moved.)Ignored
It's just that on our No Dealing Desk (NDD) forex execution, we immediately offset our risk despite having the role of counterparty to both sides of the transaction.
DislikedIt is very normal to have $ 20M on ECN-markets, do you think that they are waiting for mini-lots trades? They would have to find 1000 mini-lots trades and one $ 19M trade to fill that one $20M trade. By that time the price has already moved.Ignored