Mm meaning in forex

Mm meaning in forex

Answer (1 of 3): mm/yy month/year ex: 3/19 4/04 3/01 Then mm/dd/yy month/day/year Take for example my b-day 11/11/04 November Day I was born The year I was born () 17/08/ · Market Maker (MM), also called a Dealing Desk (DD): MM is an artificial type of broker because it doesn’t reflect the market directly, but simply quotes prices which are similar to what the market displays. Any order you enter is processed internally and never goes out to the market. Pros: Quick execution (typically no re-quotes) 31/03/ · Forex Lots. In the forex market, currencies trade in lots called micro, mini, and standard lots. A micro lot is 1, units of a given currency, a mini lot is 10,, and a standard lot is ,

Forex (FX) Definition, Uses, & Examples

Discussion in ' Learn how to trade or invest by asking questions ' started by AlbertAug 13, mm meaning in forex, Log in or Sign up. Online Traders' Forum. What are MM's? Many of you hear every now and then how MMs are holding a stock price down or etc.

But what are mm meaning in forex An MM is not some guy sitting in a dark basement, its often a firm which will specialize in a group of stocks, or have a relationship with MM's who deal with specific stocks.

Its the the job of an MM to provide liquidity and in the small cap world, this mm meaning in forex very important. Unfortunately a side effect of this job of providing liquidity are large short positions by MM's. If I call my broker and I want to buy s of WXYZhe will call up the trader for my brokerage who then will call up a market maker who holds inventory in that stock. Most traders already have set relationships with MM's they deal with.

It is the task of the MM to be able to provide my brokerage with shares, and quickly. The MM may not have shares himself, but he knows other MM's who do, so he will actually have a short position in the stock until he can purchase back these shares. This is when most of the mess begins, MM's may try short more of the mm meaning in forex to get it lower so they can cover the short at a lower price, mm meaning in forex.

AlbertAug 13, You can watch MMs actions before your eyes with level IIs. Technical AlchemistAug 13, RynnAug 17, You must log in or sign up to reply here. Show Ignored Content. Share This Page. Your name or email address: Do you already have an account? No, create an account now. Yes, my password is: Forgot your password?

What Are Spreads In Forex? (EVERYTHING YOU NEED TO KNOW)

, time: 15:21

What are MM's? Answered. | Online Traders' Forum

Forex MM abbreviation meaning defined here. What does MM stand for in Forex? Get the top MM abbreviation related to Forex Answer (1 of 3): mm/yy month/year ex: 3/19 4/04 3/01 Then mm/dd/yy month/day/year Take for example my b-day 11/11/04 November Day I was born The year I was born () 22/02/ · Trade Forex & CFDs With Admiral Markets Professional trading has never been more accessible than right now! Admiral Markets offers professional traders the ability to trade on the Forex market directly and via CFDs with 80+ currencies, including Forex majors, Forex minors, exotic pairs Estimated Reading Time: 3 mins