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Curious, how is this different than trading Forex with a non-dealing desk broker? Or something like Nadex, where you trade directly on the exchange and each tra
by Lost_BiomedE 12y ago
Curious, how is this different than trading Forex with a non-dealing desk broker? Or something like Nadex, where you trade directly on the exchange and each trade between you and a market maker is essentially in escrow until the outcome is realized?
- jackgavigan 12y ago> Curious, how is this different than trading Forex with a non-dealing desk broker? Well, the broker's a middleman. He's going to add some commission to the price. A decentralised system allows you the option of trading directly with the other end of the deal and bypassing the middlemen that normally make money by connecting the two endpoint counterparties of a trade. > Or something like Nadex, where you trade directly on the exchange and each trade between you and a market maker is essentially in escrow until the outcome is realized? What if you don't want to use Nadex? What if you could get a better price trading directly with someone else instead? What if you want to trade something that Nadex doesn't support?
- Lost_BiomedE 12y agoAh. I was thinking mostly of counter-party risks. Yeah, if you could get the liquidity, the spreads available may be real nice. I think the way trading has been trending technologically, we will get there eventually. Thanks