Under what conditions can an FX broker act as a position taker?

Last Updated on January 28, 2022 by Admin 3

Under what conditions can an FX broker act as a position taker?

  • if a principal refuses to honour the deal
  • no conditions are required; the broker is entitled to take positions
  • only if he can not find another counterparty for a name switching
  • brokers act only as intermediaries or arrangers of deals
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