will the FOREX live on? - page 5

 
Sergey Vradiy:

Do you have any understanding of the subject at all? Do you at least understand that forex and the stock market have nothing in common? Read Andrei Vedikhin (e.g. "Forex in First Person"). This is essentially one of the founders of the modern forex market. He explains everything perfectly.

And what is such a special difference? Do the bars on the chart have a different colour?

 
Yuriy Zaytsev:

And Andrei Vedikhin is not even on Wikipedia. What year was he born? I would not be surprised if he was born before the date of the forex market. Maybe he was about 10 years old.

Andrei Vedikhin is one of the co-founders of Alpari, lives in London, loves cheese.

 
Dmitry Fedoseev:

And what's the big difference? Are the bars coloured differently on the chart?

The biggest difference seems to be in decentralisation. And there are plenty of other differences.

It's funny that such a comment was written by a man with a reputation of 50,000 conventional units.

 
Boris Gulikov:

The biggest difference seems to be decentralisation. And a lot of other differences too.

It's funny that such a comment was written by a man with a reputation of 50 000 conventional units.

Ahh... Probably also different ties - the forex director has stripes, and the director of the stock exchange has a ruler. What difference does it make to a trader what colour the server desk is painted?

 
tradeonlydemo:
In '75. He was the originator of forex in the former USSR.

He was born in 75 and FOREX has been around since 1971. There is no way he could have been the organiser of this market.

But he was quite capable of becoming the organiser of the biggest kitchen in the former USSR.

 
Boris Gulikov:

The biggest difference seems to be decentralisation. And there are plenty of other differences as well.


And what does that decentralisation change in principle? In any case, the quotes on the forex market are all the same because of arbitrageurs. And the structure of the charts is also the same because of the nature of the relationship between the participants.

 
sibirqk:

Andrei Vedikhin is one of the co-founders of Alpari, lives in London and loves cheese.

i.e. likes to set up mousetraps with "free cheese". :)
 
Maxim Romanov:
Five kitchens had their licenses taken away... Yeah, it's a scary event. As they worked, they will continue to work. There are normal companies that have a more serious licence and do not take it away.

Which brokers are OK? Not the kitchens?

 
Evgenii Kuzmenko:

What are the normal brokers? Not the kitchens?

The man is just out of touch. Nothing has been taken away from anyone. They simply withdrew the licences of the "daughters" of the big brokers, which they had set up because the new law banned advertising of brokers without RF licences in the RF.

As these brokers have been operating for 10-20 years, they will continue to do so. That's another difference between forex and the stock exchange.

And a licence gives no guarantees. The only normal licence which forces a broker to behave more or less correctly is the FCA.

But if a broker doesn't have this license (and essentially any other license, since the other licenses are about nothing at all), it doesn't mean the broker is bad. It's just that an FCA licence comes at a price.

 
Boris Gulikov:

As these brokers have been operating for 10-20 years, they will continue to do so. That's another difference between forex and the stock market.

What is it? That the stock exchange will not work or what? )