mahifx webinar - david cooney presents
TRANSCRIPT
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Why accessing the FX market via a Market Maker is the most
efficient way to trade David Cooney CEO, MahiFX
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How dealing direct with"Market Makers helps traders
• What does a market maker do? • Why do they take risk on to their books? • Differing horizons – why market makers don’t
actually trade ‘against’ you • Why market makers can show you better
spreads than brokers • Questions
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How a Market Maker generates prices
EBS
Reuters
FXAll
Bank Feeds
Currenex
1.29421 / 1.29429
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Market Maker in action: "Step 1 - taking risk onto its books
Client
Sells USD
Buys Euros
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Market Maker in action:" Step 2: matching its risk with a
buyer to zero the risk
Client A
Sells USD
Buys Euros
Zero Risk
Client B
Buys USD
Sells Euros
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Trader
The difference between a Market Maker and a Broker
Market
Maker
Broker
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Questions?
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• Website – www.mahifx.com