Australian (ASX) Stock Market Forum

CMC Marketmaker

Joined
16 May 2008
Posts
30
Reactions
0
gday everyone
Iam new to CFD and would need people to verify this.

cmc price for asx 200 always seem to vary alot from real price
could be range from 5 point less or more:mad:
thanks in advance.
 
Re: CMC marketmaker-

gday everyone
Iam new to CFD and would need people to verify this.

cmc price for asx 200 always seem to vary alot from real price
could be range from 5 point less or more:mad:
thanks in advance.

from the real price of what?
 
Why should they be the same? And why would you be upset that they aren't? There isn't a standardised CFD over the australian market that all of the companies have to follow.
 
I believe CMC are Market Makers (MMs), not Direct Market Access (DMA)...

This means they can claim any spread or price they want... Welcome to the casino bud :D

Pat
 
I believe CMC are Market Makers (MMs), not Direct Market Access (DMA)...

This means they can claim any spread or price they want... Welcome to the casino bud :D

Pat

they are all MM's when it comes to things like indicies and 4X:2twocents
 
the things that i am mad about are requotes on their aussie 200 every times i place orders over 100.
 
the things that i am mad about are requotes on their aussie 200 every times i place orders over 100.

What the hell are you doing with CMC trading $100 per tick???

You are paying $200 to $400 brokerage per trade :eek::eek:

Got to the futures and pay $20. For God Sake.
 
What the hell are you doing with CMC trading $100 per tick???

You are paying $200 to $400 brokerage per trade :eek::eek:

Got to the futures and pay $20. For God Sake.

thanks TH
because i am a newbie i got sucked in their free commission. ( cmc actually recommended by Money mag? )
Didn't know about their big spread.
i will open a future account and consider to close cmc.
Trembling Hand can u please recommende a provider.
 
thanks TH
because i am a newbie i got sucked in their free commission. ( cmc actually recommended by Money mag? )
Didn't know about their big spread.
i will open a future account and consider to close cmc.
Trembling Hand can u please recommende a provider.

I use Interactive Brokers. MF global is another popular one with Oz traders.
 
are there any banks offer future?
i just feel that money is safer with a bank.
also i heard Macquarie pays interest on the balance.
 
are there any banks offer future?
i just feel that money is safer with a bank.
also i heard Macquarie pays interest on the balance.

:( really. How much insurance cover do you get with a bank account?

100 per tick with a bucket shop and your worried about a futures provider!!
 
uses etrade ,.... web iress platform . DMA ... good service not as much choice as some of the others as in indicies etc etc but im happy with it
 
Top