"It guarantees transparency, fairness and ensures your trust and confidence in MIG BANK."
(PRWEB) February 14, 2011
MIG Bank, the worlds first Forex broker to become a Swiss bank, is again at the forefront of innovation by offering a revolutionary new Fully Transparent Dealing model.
In order to ensure MIG BANK's clients get the highest possible liquidity and best market prices, MIG BANK works with a pool of liquidity providers, consisting of major prime banks. These liquidity providers compete to offer MIG BANK their best prices for the clients order execution.
MIG BANK explains the transparency model further, "The prices we obtain from our liquidity providers are 100% transparent and can be disclosed to our clients at anytime. Our advanced IT infrastructure and price aggregator system allow us to constantly receive quotes from all of our liquidity providers, instantaneously analyze them and identify the best price available to fill our client orders."
MIG BANK goes onto say, "We then add our mark-up and execute our clients orders at the best market price in a matter of milliseconds with no dealer or human involvement."
MIG BANK refers clients to their website for full details and mark-up table, "There are certain fixed mark-ups for each currency pair depending on account type. This mark-up is our mark-up, which we add on top of the best price available in the market at the time of execution for our clients order."
Unlike all other execution methods exercised in the market, MIG BANK keeps its mark-ups fully transparent and applies them to the best market price received:
"We maintain 100% transparency throughout the whole process and guarantee a fair execution at the best price available in the market – this is why we call it 100% transparent dealing."
The transparent dealing model is fundamental to MIG BANK as it brings new advantages to clients and lives up to their first value in conducting business - Integrity comes first.