Prime forex inc

Prime Forex Inc

 

prime forex inc

prime forex inc. (Registration# M) is a money services business registered with Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). . Mar 21,  · Prime brokerage refers to a special group of services that many brokerages give to clients with more complex financial needs. The services provided under prime . Prime forex provides currency/money exchange services in Since We have branches in Chennai Airport, T Nagar, Velachery. Book a forex and get it Delivered at Chennai Airport on days.


Prime Brokerage Definition


It was found recently that Goldman Sach has been playing market makers with a lot of their clients sort of the same way bucketshops work. Ignored You sir, have no idea what a prime broker is or what it does. In an OTC market there is no central exchange guaranteeing performance of counterparties. So if the person on the other side of your trade goes bankrupt before the contract is due for delivery, you will not receive the securities you agreed to purchase.

This represents a substantial risk for market makers and other financial market participants banks. As a byproduct, these banks need to be sure they are only transacting with entities that are prime forex inc. The problem here is that it's very costly and time intensive to determine a counterparties underlying credit worthiness, prime forex inc.

To offset these substantial costs, banks limit their counterparties to organizations from which they can fairly easily gain audited financial information. As an individual prime forex inc you have zero chance of ever getting a direct counterparty agreement with one of these banks. And this is where a prime broker steps in. Your prime broker is assuming all the risk that "you" as a trader will deliver as promised. The margin you keep with the prime broker should in theory offset this risk and everyone is happy.

So to make a long story short, the function of a prime broker is to provide access to counterparties you couldn't otherwise trade with.

Now, if you out shopping for a prime broker, the number one question you need to ask is "who are the counterparties? If the only counterparty is the prime broker or they won't tell you who the counterparties are. No broker is going to take that risk especially Goldmanprime forex inc, so if you don't want your PB as a counterparty, just make sure your counterparties are defined in the agreement.

May 13, pm May 13, pm Monroe Joined Sep Status: Member 2, Posts I am not sure about this, but would like to know, I was under the impression that you needed a PB to trade with fxcm-pro? I know the liquidity on fxcm-pro is huge. May 13, pm May 13, pm Joined Nov Status: Member Posts I never knew what exactly a "prime" broker, was until the above post, prime forex inc. May 13, pm May 13, pm, prime forex inc.

 

Global Prime - Australian based Forex Broker

 

prime forex inc

 

Mar 21,  · Prime brokerage refers to a special group of services that many brokerages give to clients with more complex financial needs. The services provided under prime . Forex Factory is for professional foreign-exchange traders. Its mission is to keep traders connected to the markets, and to each other, in ways that positively influence their trading results. Jun 14,  · Prime brokers are entities who enter into counterparty agreements with the banks and then allow smaller traders/hedge funds/etc to piggyback on their credit ratings. Your prime broker is assuming all the risk that "you" as a trader will deliver as promised.