Peer-to-Peer Currency Trading...
May 6th 2007, 2:07 pm
#1
Arrogant ****
Thread Starter
Joined: Jan 2004
Location: Plano, TX
Posts: 4,323
Peer-to-Peer Currency Trading...
OK, I'll start out by saying that I haven't tried this service, and probably never will...
But I just read about FXA World Peer-to-Peer Currency Trading on the BBC News website, and the idea looks interesting.
Anyone out there tried it yet?
But I just read about FXA World Peer-to-Peer Currency Trading on the BBC News website, and the idea looks interesting.
Anyone out there tried it yet?
May 6th 2007, 2:17 pm
#2
Thinking about it
Joined: Oct 2005
Location: Mid-West
Posts: 9,435
Re: Peer-to-Peer Currency Trading...
OK, I'll start out by saying that I haven't tried this service, and probably never will...
But I just read about FXA World Peer-to-Peer Currency Trading on the BBC News website, and the idea looks interesting.
Anyone out there tried it yet?
But I just read about FXA World Peer-to-Peer Currency Trading on the BBC News website, and the idea looks interesting.
Anyone out there tried it yet?
The thing is, I really fail to see the point of it with currency trading. I mean why would anyone want to buy or sell at more or less than the market rate set by professional traders. Also arbitrage will soon take care of any value that exists on FXAWorld. Therefore unless they offer lower commission that established trading services they have little to offer.
Daft idea imo, but good luck to the founders.
