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Forex traders:
By the way, Rosenthal Collins has a good desk. I think they only have phone
access, but their desk has alot of experience in the cash markets and their
prices/fills have always been fair, in my opinion.
Tim Morge
Gerrit Jacobsen wrote:
>
> Lind -Waldock - is only trading FX from the States - the Forex
> traders in the UK are under the supervision of the SFA which is
> checking the capital adaquacy - last story I heard. Union Cal is
> owned by a Merchant Bank - however we have seen some of those going
> belly up as well.
>
> It seems however that US Forex companies are under no supervision
> whatsoever which is propably why some very small companies are
> mushrooming there.
>
> If one wants security you have to go to the banks which rip you off
> unless you deal in size (>5 M$)
>
> There are always some trade-offs.....
>
> Gerrit Jacobsen
>
> > > Please remember, you have no protection with these firms.
> >
> > For general info: You can ALSO trade FOREX with big and reputable
> > firms like PRU and LIND and others,,,,,margins: as per IMM, comish:
> > (near) zero
> >
> > rgds hans
> > Disclaimer: I dont own PRU nor LIND (pity)
> >
> Gerrit Jacobsen
> http://www.tickscape.com
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