This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

CMC Marketmaker

Jump to new
N

nuking

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
thanks in advance.
 
Re: CMC marketmaker-

nuking said:
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
thanks in advance.
Click to expand...

from the real price of what?
 
Re: CMC marketmaker-

from live prices
i got also account with ig markets
 
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

Pat
 
pattyp said:
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

Pat
Click to expand...

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

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

You are paying $200 to $400 brokerage per trade

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

You are paying $200 to $400 brokerage per trade

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

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.
 
nuking said:
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.
Click to expand...

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!!
 
no just after reading some posts on ASF about problem people experience with IB.
 
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
 
You must log in or register to reply here.

Similar threads

S
What could be safer than writing a covered call?
Replies
15
Views
3K
Santafe
S
R
My strategy/plan going forward
4 5 6
Replies
107
Views
14K
divs4ever
  • Sticky
October 2025 Stock Tipping Competition Entry Thread!
Replies
14
Views
1K
countrylad
  • Locked
September 2025 Stock Tipping Competition Entry Thread!
2 3
Replies
53
Views
4K
greggles
  • Locked
August 2025 Stock Tipping Competition Entry Thread!
2 3
Replies
44
Views
4K
Sdajii
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...