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Why accessing the FX market via
  a Market Maker is the most
     efficient way to trade
          David Cooney
          CEO, MahiFX
How dealing direct with"
    Market Makers helps traders
•  What does a market maker do?
•  Why do they take risk on to their books?
•  Differing horizons – why market makers don’t
   actually trade ‘against’ you
•  Why market makers can show you better
   spreads than brokers
•  Questions
How a Market Maker generates
          prices
                    EBS
      Bank Feeds

    FXAll
                           1.29421 / 1.29429
 Reuters

  Currenex
Market Maker in action: "
Step 1 - taking risk onto its books

                Client

        Sells             Buys
        USD
              Euros
Market Maker in action:"
    Step 2: matching its risk with a
        buyer to zero the risk

        Client                                Client
          A
                                    B

Sells            Buys                  Buys            Sells
USD
             Euros
                USD
            Euros


                          Zero Risk
The difference between a Market
       Maker and a Broker
      Market
       Maker

                Broker

                          Trader
Questions?
•  Follow us on Twitter - @MahiForex
•  Visit our Facebook page - http://
   www.facebook.com/mahifx
•  Website – www.mahifx.com

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MahiFX Webinar - David Cooney presents

  • 1. Why accessing the FX market via a Market Maker is the most efficient way to trade David Cooney CEO, MahiFX
  • 2. How dealing direct with" Market Makers helps traders •  What does a market maker do? •  Why do they take risk on to their books? •  Differing horizons – why market makers don’t actually trade ‘against’ you •  Why market makers can show you better spreads than brokers •  Questions
  • 3. How a Market Maker generates prices EBS Bank Feeds FXAll 1.29421 / 1.29429 Reuters Currenex
  • 4. Market Maker in action: " Step 1 - taking risk onto its books Client Sells Buys USD Euros
  • 5. Market Maker in action:" Step 2: matching its risk with a buyer to zero the risk Client Client A B Sells Buys Buys Sells USD Euros USD Euros Zero Risk
  • 6. The difference between a Market Maker and a Broker Market Maker Broker Trader
  • 7. Questions? •  Follow us on Twitter - @MahiForex •  Visit our Facebook page - http:// www.facebook.com/mahifx •  Website – www.mahifx.com