[quote=TraderThomas;9769297]Hi Thomas,Originally Posted by ;
In case FXCM were acting as a market maker on NDD forex execution we would not have suffered more than $200 million dollars in losses during the SNB flash accident. On NDD forex execution, every order is offset with a liquidity provider. The trader has a standing with FXCM and FXCM has an offsetting position with the liquidity provider. When the trader went into a debit balance, that intended FXCM additionally needed. So what you are suggesting is at odds with what really happened.
It should be said that FXCM provides both No Dealing Desk and Dealing Desk forex execution. Our mini accounts provide coping desk execution and the typical accounts provide NDD forex execution as recorded in the https://www.fxcm.com/uk/accounts/account-types/.
Jason