Difference between revisions 177419563 and 179460107 on enwiki

{{Primarysources|date=December 2006}}
{{POV|date=December 2007}}

{{Infobox_Company |
  company_name   = Forex Capital Markets |
  company_logo   = [[Image:Fxcm logo.gif|FXCM]]|
  company_type   = [[Private company|Private]]|
  company_slogan = |
(contracted; show full)s well as information, advice, and resources pertaining to the global currency market.  For new traders, FXCM also provides a variety of learning resources, through such products as the [http://www.fxpowercourse.com FX Powercourse] and free [http://liveseminar.fxcm.com live webinars].  The firm's Chief Strategists, Kathy Lien and Boris Schlossberg have been quoted by information providers such as Investopedia. [http://www.investopedia.com/contributors/default.aspx?id=35]

==FXCM New Business Model==


TheyFXCM haves migrated all their customers away from a dealing desk platform, and Tthey said that they are now offering a No Dealing Desk (NDD) trading platform passing on orders to six major banks According to them, t. The FXCM client can now: 

 - t* Trade during news or periods of high volatility without requotes 
 - p* Place entry orders anywhere even between the spread 
 - s* Scalp the market without dealer intervention or trade restrictions 
 - p* Place orders by phone http://www.gracecheng.com/blog/438/FXCM%20becomes%20Non%20Dealing%20Desk.html 

The No Dealing Desk model eliminates the potential conflict of interest between broker and client; all prices for FXCM's No Dealing Desk execution are provided by some of the worlds largest banks. http://www.fxcm.com ⏎
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==Old Business Model==

Like most market makers, FXCM's revenues come from five main sources:

# The Spread - The difference between the spread FXCM quotes to clients and the spread FXCM receives from the banks they offset from.  If FXCM is unable to match a buyer and seller internally, FXCM will, after the positions become sufficiently large, offset with larger banks that quote them cheaper spreads.  
(contracted; show full)
http://www.gracecheng.com/blog/438/FXCM%20becomes%20Non%20Dealing%20Desk.html 

== External Links ==
*[http://www.fxcm.com FXCM]
*[http://www.dailyfx.com DailyFX]
*[http://www.nfa.futures.org/basicnet/Details.aspx?entityid=0308179 FXCM's NFA 'BASIC' Listing]
*[http://www.nfa.futures.org/basicnet/CaseInfo.aspx?entityid=0308179&type=reg NFA Regulatory Actions]