Basic exchanges I’d like to see covered as a starter :
- CME (CME + CBOT + NYMEX + COMEX)
- ICE (U.S. + Europe)
They include some of the highest liquidity available contracts and such coverage indirectly implies extending the usage outside european customers.
Don’t really care about the rest (like more national european exchanges). Some asian grounded instruments, libelled in USD, are accessible from the CME, so global coverage extension could wait a bit.
trying to develop a solution in order traders and investors orders are executed "in one shot".
I’ve seen that block trading before. That’s the way to go.
Traders need accounts superior to the classic 10K (he talked about >100K).
Given the notional values range around $125-150k (most USD based ones) to 250-300k €, w/ some exceptions nearing the 30k mark (like the FESX Eurostoxx which has amazing absoprtion capacity), it really depends how you play it afterwards. If trading in a pure way, a single position at a time, an account size of 25k to 50k could be fine in the zone of 2 to 5 leverage. In case of more complex trading, layering positions, diversifying, 100k could be low ! more like 500k+. Likely interested traders will need to adapt.
As palliative care, has Darwinex considered a semi-virtual model ? Like demo trading to cover every strategies imagineable, but asking for extra fees so that the trader has some meat in the game nonetheless. C2 has a subscription model but maybe something new could be invented... then again, it would lead to obvious pros versus cons
Regarding commissions handling, nowadays you’ve got several models :
- volume based (degressive), often available either clearly from scratch or on request (indirect negociation)
- subscription based (fixed periodic cost plan then unlimited volume), rare but sometimes very appealing!
- Darwinex could introduce the “performance” quality model...
As extra servicing, I wish the Darwinex support will later consider to help (guidelines of the process) traders to apply for exchanges’ individual membership(s). For some volume traders, the edge at lowering fees acquired can be tremendous.
Outside the scope, thinking about Darwinex’s health too Under the appropriate licences, if acting on behalf of your “gemini crowd”, you should be in the position of elligibility for “member firm” memberships to rely on for more structural profits