Tales from the Trading Desk with Dick Matthews – “Differences between Futures Brokers and Money Brokers”
In this series “Tales from the Trading Desk” long time #FX trader, stock/futures/floor broker, Dick Mathews looks at the main differences between futures brokers and money brokers. He breaks down his early career and discusses how he made the jump to partnering with the broker #Refco, and eventually selling his business to them.
Also, Stelios Kontogoulas joins us as well as Dick and Stelios have known many of the same people during Stelios’s time in London.
0:00 – Intro
1:10 – Prebons
2:40 – Refco
6:40 – Trading Nicknames
7:30 – Differences between Futures Brokers and Money Brokers
10:20 – The Day the Market Changed
17:50 – What is it like to be a Forex Bank #Trader