hi Griffinare those guys based here? at the moment my FX...

hi Griffin
are those guys based here?

at the moment my FX strategies are based on small swings and the only reason I have chosen those pairs is due to their tight spreads. The higher the frequency the more impact the spreads have on the outcome ... even 2 pips is too much , 1 pip is acceptable (plus comission) - but recently USDJPY spread has widened. Unfortunately unless you sit interbank or have an institutional provider you will have a very difficult time getting any high freq strategies working. Retail providers are out of the question ... but again I am only talking for algo trading systems and not manual systems .. you can get some good spread on no commission CFDs ...

On another note I think there are more algo/quant traders here in Perth but they are lying low. And in some respects rightly so, however it would be great to get these people together, form a quant house, get institutional accounts, tap into the local phD quant guys and do basically what the rest of the world is already doing.
cheers