Direct Reflecting
The Forex market is a decentralized market which has been historically fragmented. This has resulted in inconsistent trade execution on the part of most brokers since they operate in various capacities. Direct Market Access (DMA) now enables traders to transact their orders directly with sources of liquidity or primarily Interbank participants.
A Forex DMA broker acts in an agency capacity as opposed to being a market maker. The complete transparency of a Forex DMA offers many benefits:
Forex DMA orders are only based on two variables – (1) Price and (2) the time that the order is placed. The result is efficient execution where requotes are rare regardless of the market conditions.
Forex DMA pricing is based on institutional standards of 1/10th of a pip pricing as opposed to ½ or 1 pip pricing. Retail brokers typically quote using ½ to 1 pip to capture the difference in their favor.
Forex DMA brokers also offer trading anonymity which gives the trader a level playing field.
Unlike traditional brokers that offer fixed spreads, a Forex DMA broker offers variable pricing that reflects the true market conditions in the Interbank Forex market. Brokers that offer fixed spreads are most likely acting in the capacity of a market maker and taking the risk on the client orders. While this is not inherently negative, it reduces transparency and calls into question the order handling process. DMA brokers eliminates this concern.
Until recently, DMA trading has only been available for larger institutions and hedge funds. With a vast improvement in trading technology, DMA can now be accessed by the trading public through the DMA brokers.
Forex DMA via Currenex is offered by Divisa" target="_blank">www.divisafx.com">Divisa FX which acts in an agency capacity to channel customer orders to 11 top tier banks within the Interbank market.
About the Author:
For more information please visit www.divisafx.com
Divisa Capital LP (“DCFX”) is an investment house that provides spot foreign exchange trading services to a diversified client base that ranges from financial institutions through to private individuals.
Article Source: ArticlesBase.com - Forex and the evolution of Direct Market Access
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The Law of Attraction has gotten a lot of press in the last few years and many see it as the latest fad. While I understand that, experience tells me that Law of Attraction principles are solid and that they really do form the basis for our experiences in this reality.
I think a main reason people have trouble embracing the Law of Attraction is that they don't really understand what it's all about. Popular opinion would have you believe that you can just wave a magic wand and all of your dreams will come true. This misconception gives Law of Attraction a bad name and causes many to relegate it to the ranks of "woo-woo pie in the sky thinking."
What the Law of Attraction is really about is our lives reflecting what we are in sync with.
Once we understand that, we can use it to get more of what we want. For example, have you ever seen a family that's constantly picking on one another and bickering? If you ask them why they do that you might get an answer like, "We've always been this way," or something similar. This behavior is so normal for them that they literally can't fathom living any other way. So while they may complain about all the fighting, they continue to be stuck in the loop because of their own thought processes and corresponding actions.
Contrast that with a family who is generally loving, considerate and supportive of one another. To them this is considered normal and while they may occasionally argue it's not what they are all about. In fact, arguing probably makes them feel uncomfortable and out of sync with their experience of reality - so they make up quickly and move on.
In both cases, what the people in these families are experiencing is a direct reflection of the energy they're putting out. And in both cases that reality can be changed if they begin putting out different energy.
This is a core Law of Attraction principle: putting out what you want to experience. You may have also heard it stated as what goes around comes around or you get back what you put out or do unto others as you'd have them do unto you. These common expressions are all describing Law of Attraction, and when you look at it that way it doesn't seem so woo-woo or pie in the sky after all.
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