Difference between revisions 179460107 and 179460290 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)

==FXCM New Business Model==

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


  * Trade during news or periods of high volatility without requotes 
  * Place entry orders anywhere even between the spread 
  * Scalp the market without dealer intervention or trade restrictions 
  * 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.

==Old Business Model==

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

(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]