Recommended reading if you are thinking about starting a brokerage or recently started. It is quite well known among those who have been down this road that there are cohorts of traders out there that specifically target start-up brokers who are assumed not to have all their risk systems in place and are easy targets for exploitation.
Also, the overhead of at least 2 dealers is not insignificant.
In-house vs outsourced dealing desk for FX and CFD brokers - a practical breakdown of costs, risks, staffing and operational trade-offs to help you choose right...










