Really, Ok I will check the market information sheet again.
ProSpreads, Spread Vs DMA conflict?
- Thread starter Fiddlers Retreat
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On the market information sheet for YM it says 2 point spread. Plus the market spread, which usually is 1 point spread during US market open hours. So this adds up to 3 spread on the Dow.
This if from the Prospreads market info sheet.
"Spread This is the fixed spread charge that is added to the underlying market spread to produce the ProSpreads spread bet price."
Vasco da Banana
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Isn't it two points both sides, though, ie. if YM is at say 14000/14001, the price to you is 13998/14003?
No I don't think so, but it would be helpful to get confirmation from a live trader.
Vasco da Banana
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It certainly used to be 5pt overall on YM, and it seems to be the same now. The site says 2pt added to the market spread, which isn't very clear.
C
cablemonster
5 point spread on the dow, someones having a bubble.
The Leopard
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When I looked at them (never used them) and going from memory I think it worked out at 4 ticks for YM. That's 20 bucks vs 5 bucks plus commission (just over $4 even at the starting level with IB) - in other words, your costs per trade are more than doubled.
Quite a big nut to swallow, even with the tax advantages, especially if you trade regularly rather than building and holding a position over an extended period.
Quite a big nut to swallow, even with the tax advantages, especially if you trade regularly rather than building and holding a position over an extended period.
A Dashing Blade
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No can do, I'm purely Eurex ie bunds & stoxx
Truth Seeker
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Then why not provide a link to the post in question rather than a random jpg on a web-host?
Random internet loony makes intimidating post from the safety of his keyboard . . . Bless . . .
You actually posted right under the post in question - :whistling
http://www.trade2win.com/boards/spr...eads-spread-vs-dma-conflict-6.html#post976708
We can sort this out wherever you want.....PM me.
The Leopard
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fibbinstarchi
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Why for one, and for two, why the statement? Is this site going like forex factory - the broke back mountain for juvenille moderators on a childish power trip who have their own favourate bum chums who even if they start trouble clearly get away with it.....ban me too if you wish, if it makes you feel complete for a second or two. Speechless.
Phylo
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LCG sells Prospreads
LCG has agreed to sell Prospreads ...... perhaps old news by now. Posted for the benefit of those that do not know.
LCG has agreed to sell Prospreads ...... perhaps old news by now. Posted for the benefit of those that do not know.
