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FXCM's CFDs trading at 1/10th size after Feb. 28 - Z Strats #437169
02/11/14 09:33
02/11/14 09:33
Joined: Jul 2013
Posts: 110
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bfleming Offline OP
Member
bfleming  Offline OP
Member
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Joined: Jul 2013
Posts: 110
After Feb. 28, FXCM's CFDs will be trading 1/10th lots, meaning that where before 1 lot US30 would equate to $1 per price tick, after Feb. 28. 1 lot will equate to $0.10 per price tick, requiring a margin on $9 instead of $90.

How will this affect Z strategies that trade CFDs? FXCM will automatically update open trades, but will the Z systems open 10 lots where they previously opened 1 lot?

Re: FXCM's CFDs trading at 1/10th size after Feb. 28 - Z Strats [Re: bfleming] #437184
02/11/14 15:47
02/11/14 15:47
Joined: Jun 2013
Posts: 1,609
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DdlV Offline
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DdlV  Offline
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Joined: Jun 2013
Posts: 1,609
Hi bfleming. I posted this too over in the Brokers section. Doesn't it affect our own strategies too? (Opt f, etc...)

Thanks.


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