New EFX Williamsburg Forex Trading Platform Launched
The product offers Straight Through Processing (STP) with MBTT for hedge funds and institutional traders. What STP in plain language means is that the platform will be sending your orders directly to banks and, according to the company, eliminates the potential for markup or spread manipulation. Also, STP has been quoted to work against re-quotation. Re-quotation occurs when it is in the brokers best interest to delay the execution of your order, acting against your best interests. The relationship between EFX Williamsburg and MBTT is that EFX Williamsburg acts as an introducing broker to MBTT. |