MB Trading Futures Announces Payment for Limit Orders

EL SEGUNDO, Calif., Jan. 25, 2011 /PRNewswire/ -- Manhattan Beach Trading Financial Services, Inc. ("MBTFS") and MB Trading Futures, Inc. ("MBTF") (collectively "MB Trading"), which is a technology-driven, low-commission brokerage specializing in order routing in FOREX, Equities, Futures, and Options through various global exchanges and electronic networks, announced today that it will begin paying $1.95 per $100,000 in currency executed for Forex Limit orders posted that add liquidity to its FOREX ECN.

"This is a game changer for the retail FOREX industry and the next logical step for our FX ECN," CEO Ross Ditlove states. "Paying for Limit orders continues the drive to a fully transparent and efficient retail FOREX market place.  It rewards our retail clients with lower trading costs and deeper liquidity."

MB Trading consolidates quotes from major bank liquidity providers and customers, displaying them in the first fully transparent retail order book. Currently, customers pay $2.95 per $100,000 in currency executed on the MB Trading system. This significant change gives traders further incentive to post their Limit entries and exits on the FX ECN for all other retail participants to see.

"We continue to design our technologies to align our interests with those of our customers," said David Lipsett, Executive Vice President of MB Trading. "Most FX brokers are not displaying client orders. This continues to put money in the pockets of those brokers as they hold Limit orders for themselves, thus maintaining larger minimum spreads to the detriment of their own clients."

MB Trading will credit $1.95 per $100,000 traded immediately in the customer account upon execution of a posted Limit order. This applies to both MBT® MetaTrader 4 and MBT® Desktop accounts.

This new commission plan launches to all clients at the FX market open on Sunday, January 30, 2011.

About MB Trading:

Securities products are offered through Manhattan Beach Trading Financial Services, Inc. ("MBTFS"), member FINRA, SIPC. MB Trading Futures, Inc. ("MBTF") is a CFTC registered RFED and member of NFA.  MBTF offers execution and settlement services for futures based products, as well as offer off-exchange foreign currency (forex) products through MB Trading.  

Disclosures

Trading in FOREX, Securities, Futures, and Options is speculative in nature and not appropriate for all investors. Investors should only use risk capital when trading FOREX, Securities, Futures, and Options because there is always the risk of substantial loss. The high degree of leverage that is often obtainable in FOREX and Futures trading because of the small margin requirement can work against you as well as for you. Leverage can lead to large losses as well as gains. Account access, trade executions and system response may be adversely affected by market conditions, quote delays, system performance and other factors, including factors related to the use of automated systems.

All trademarks are the property of their respective owners.

Contacts: All inquiries can be directed to:  David Lipsett - [email protected]

SOURCE MB Trading