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Brian_z,
Thanks brian_z, btw, your emails do not carry a copy of the preceding thread, so no one can be sure who you are responding to.
best regards,
herman
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Saturday, June 7, 2008, 5:09:07 PM, you wrote:
> I am following your proposed project ideas.
> Generally, I assume that the volumes of international trade are
> business/institutionally driven and we (retail traders) are only the
> flea on the elephants back.
> I can see where you are starting the discussion from - it will be
> ineresting to see what you come up with - I would bias towards
> producing an example (if you defintitely want to do it) because IMO
> customization would be essential, on an individual user basis i.e.
> there are so many nuances to the products and exchange times plus
> the 'broker' may add their own trading timeframe, say if the dealer is
> actually an OTC securities dealer e.g. a CDF dealer like IGMarkets who
> are more like a market maker and can flex their trading hours.
> Examples:
> Singapore closes for lunch.
> The ASX has several products, and integrates the SFE plus CFD and
> Option trading - all with slightly different hours/daylight
> saving/adjusted to US daylight saving or whatever.
> Each international strategy requires a case by case approach/read the
> fine print/gain local knowledge.
> On the plus side, at a guess, I would say people tend to specialize
> e.g. Forex traders can get all the action they want from a single desk -
> no intervening software required e.g. MetaTrader >> Broker
> brian_z
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