CONTREX | FX-direkt Bank – In CONTREX is a new market segment so far on the stock trading specialist Bayerische Börse AG in Munich, in cooperation with FXdirekt Bank as market maker and thus the first European stock exchange with its own regulated market for the commercial CFD – well with the potential to “encrusted” Structures of the Market Maker to break lobby, for something “fresh” im OTC-Geschäft zu sorgen. –> fact-sheet-contrex
Advantage CONTREX | FXdirekt Bank – The most important change would be for trading CFDs over CONTREX to call it, first time that this could allow the CFD trade on fair terms, of, as opposed to the unregulated OTC market practice, no Market makers can determine the course itself and deserves to put their own spreads, but supply and demand in “Pure form” on a German exchange, with its own trade monitoring (incl. Mistrade regulations), together would. Currently, the two partners have not mentioned so far, however,, that the bank FXdirekt, similar to the regular stock trading, as so-called lead broker for exchangelisted CFDs (with ISIN) acts. This results in – otherwise contrary to some press reports – from the relevant exchange rules included. issued by the Munich Stock Exchange to execution- regulations and special conditions to the Terms of FXdirekt Bank for exchange-monitored CFDs in the segment CONTREX.
Exchange-monitored CFDs – The dealer can trading with CFDs, similar to the futures markets (z.B. Futures Trading on Eurex), So at least with exchange-monitored and guaranteed best prices at real market quotation or. Order execution count. However, since many traders are too large for the standardized contracts of the futures markets for their accounts and for the Futures Trading therefore not a suitable risk- Money management and allow, these players were previously forced to formally known as market makers in their CFDs an unregulated OTC market to trade. About the new market segment CONTREX, for exchange-monitored CFDs, Now this might change in future and thus also the advantage of the finer scale are connected by CFD.
The first European mini Futures – How do we find, It is located in the exchange-monitored CFDs CONTREX | FXdirekt Bank possibly the first truly authentic mini futures in Europe, which this concept could also meet. In future the monitoring of trade exchange in Munich CONTREX record all transactions of the bank FXdirekt and automatically compare it with the actual price movement of the reference spot markets; values with the Dow at about price changes on the electronic trading system XETRA of the Frankfurt Stock Exchange.
Provide the so-called stock-CFDs trading volume also sufficient? – Also, the market for a stock exchange and its participants so immensely important criteria such as sales volume and market depth in tradable products, seem to be able to positively develop in future, as confirmed by CONTREX | FXdirekt Bank, already some institutional market participants wait for, to participate in the CFD trade with a reference market principle can. This group of market participants, it is according to MiFID (Markets in Financial Instruments Directive) and implies denying their best-price rules namely, to place their orders to unregulated opaque markets, But what about the “CONTREX CFDs” would allow.
To use CFD marketplace with the potential standards – The new CFDs CONTREX | FXdirekt bank might have on our preliminary assessment of the potential to restructure the CFD market, replaced or even revolutionize. Therefore Tradeforceone.de is currently looking for partnership and cooperation, future to the members in the market segment of the exchange-monitored CFDs, As usual MiFID compliant, to enable the best price in order fees.
Who knows – maybe it means yes then in a few months already: “Game, Satz und Sieg CONTREX featuring FXdirekt Bank“!And members had the unique chance, off to the birth of the party to be. Still remains to be seen, how the joint “Kind” develop and CONTREX FXdirekt Bank and above all, whether the exchange-monitored spreads to keep up with those of the OTC market can! We are convinced, however currently it Tradeforceone.de, that was operated prior to an extensive market research of the participating parties, dare to take such a step in the first place can. For history teaches us: Nothing would be fatal, establish itself as a product on the market to want to, either too far ahead of his time is, or is not accepted by major market participants or. do not want it …
… to be continued – We'll keep you up to date in this regard. The opinion we leave, as always, each even. Further details can be found in the relevant Rules and Regulations of CONTREX and the corresponding implementation provisions, which on the website of the Munich Stock Exchange under the menu item “CONTREX-CFD” Section “Rules” were published.
Your <TF1> Team
Author details: tf1Team All articles of 
tf1 team says:
I think:
T3 says trader:
tf1Team says:
@all
Regardless of, whether we live in CONTREX FXdirekt concerning whether. a further co-operation come or not, I hereby would like to once again call on all tf1-user, in the network as tf1-member To register and let us know your specific needs, which(n) Broker they would prefer. Brief bullet points, why and why, would also be beneficial and would facilitate our work much easier and more efficient.
Only when it is apparent to us, which intersections are, we can offer our “Charm” and our “Relationships” can play in relation to specific our broker rates be active!
I would also ask, to make good use of our comment function, and communicate their own experience or research results, that it thus becomes a “collective” Opinion may! Can also be happy to each registered member of the admins can give appropriate write permissions, not only to comment on articles, but also to add comments to.
Your Greetings
bullseye
Hallo Trader, I am recently Contrex Trader! Ingenious story, finally, no market maker problems. The exchange holds the hand above, Stock Quotes !
Alles Top. Great platform for rapid, great service and support.
FXdirekt & Contrex – TOP!
Greetings from Munich
@cfd-Trader
OK – First thank you for your brief statement concerning whether. CONTREX FXdirekt.
It would be a great help to us, however,, if you give us specific information, z.B. on the issues of you close to the market spreads (Stock Quotes) would make…
We can because that is currently only a demo version of FEXtrader Web and draw this webserver seems to be quite congested, or it may currently be performed stress test!? For this you may also like to register as a member-tf1 and write a report on experience professionally qualified!
Regards
bullseye
Gladly, because the WebTrader-PF Contrex has exactly the same courses, as in live, You can see on the demo REAL TIME Courses. I use the Demon still parallel to the test strategies.
If you have any CONTREX DEMO – Spread im Dax 0,5 Points, Spread with CFD z. b. Telecom 0 and commission 0,10 % !
OK – because we are here now with you, it seems, a suitably qualified “Support on Board” have, a few more specific questions regarding the rules which CONTREX execution- FXdirekt regulations and their handling of pages, this information or if you experience as “The first customers” should have…
In relation to these schemes to “Price determination in special situations” We still have the greatest need for education! We are of course aware, that will protect the market maker with this provision, including slippage in the reference markets.
But on closer reading, yes every day trader or arbitrageur would have to expect that with prosecution…
Also, previously, the courses provided always, I can see it through other media, Munich Stock Exchange, Xetra etc. .. !
Here the link to an interview with Mr. Berse, Company spokesman FXdirekt Bank AG, concerning the first European stock exchange CFD CONTREX. Unfortunately, Mr. Berse of FXdirekt understandably currently busy new date strongly, why make the network difficult negotiations.
CFD Börse CONTREX | FXdirekt Bank – Interview vom 13.05.09
Today it was so far and I could already long hoped-for call to the company spokesperson for the bank FXdirekt (Mr. Berse) lead, what is it about. a 3/4 Hour was!
During the phone call, some open issues, which were recently shown in the relevant media coverage in my opinion, and not always comprehensible, clarified, as well as about possibilities for future cooperation, in the area of a Web 2.0 project, with the TF1 Network gesporchen.
About the exact result I'm here at this point, due to time constraints, report in the next few days…
Your
bullseye
Hello, I am also on the lookout for a cfd trading platform looked at me once and I Contrex with the demo. DAX spreads bei mir 3 to 3,5, which is much. is also the custodian with a small order fee and the commission noted, no cfd trading under 5 piece in the tradable dax. demo version runs with me what kind of jerk does not occur at other demos. the fensteranordnug and especially the editing is very lean, habs previously eg. failed to distribute them to multiple screens.
positive is the very fast execution.
I tend to at the moment FXFlat, a German offshoot of gftuk.com .
low cost and margin, 1He spread the dax, running since 2 weeks in the demo on 2 screens with 6 simultaneously open windows without problems in trade. will further test, in this sense.
mfg mglemans
@ Mglemans
The problem with the high I had also spread, to me it clarified its chat, I'm not referring to the Contrex-order platform, but are on the normal CFD platform – was my fault…
Supposedly be on the demo server still performed stress test – say the. Maybe is because, The demo platform is not going smoothly.
Because the other problems we may be able to say bullseye – he's got to NEN hot wire which.
Or maybe someone here has even a live account for Contrex? Would really interest me!
Regards
CFD-Profi
With regard to a possible neutral reporting, I once had the key facts “Fall” Contrex | FXdirekt collected, which are discussed in the public and the media currently rather controversial.
The fact is: FXdirekt wants to go a different route with Contrex, than the rest of the market maker – where this is of course a thorn in the side. The fact is also: This type of procedure is associated with higher costs, which (first?) the end customer has to bear. Capable of applying the two models are, in effect, and whether exchange-traded CFDs at all can be a useful variant, to set standards in this segment, will in future have yet to show. Moreover, in my opinion is not irrelevant to a matter, how seriously the bank FXdirekt really mean by the announced transparency in CFD trading and if this is not only a purely tactical marketing “Phrase” remains.
As always, I urge a factual Discussion and collective Opinion on!
… to be continued.
Your
bullseye