Re: Dodgy MM prices (CFD's & FX)
Decided to actually read up on CMC's PDS and found this.
3.19 Clients may be treated differently
CMC Markets in its absolute discretion may quote different prices, and charge Commission, Financing Charges, Rollover Charges and other charges at different rates, to different clients.
Not sure if other providers have similar clause.
What do people think of this? Does it mean that, if a MM deliberately move the quotes to take out your stops (not in anyway suggesting that is the case), you have no right to complain at all? By giving different prices to different people, they also avoid the risk of being arbitraged by other fast traders out there...