Some 16 months back when I was registering using MIGFX, they told me Credit Suise is their Liquidity Provider. A few weeks before, another broker proudly told me that they're utilizing UBS because their Liquidity provider and they added that it is our (traders) directly to understand this. Perhaps it is merely a sales pitch or reality.



Most, if not all, BucketShops would refuse to tell who are their Liquidity suppliers (or where they unload our positions) asserting it is CONFIDENTIAL info.

Confidential vs Transparency.

Is there actually anything confidential with this bit of advice? Or is this Confidentiality only an overused excuse for hiding they dont have liquidity suppliers at all?

Do brokers have any advantage whatsoever in maintaining this information secret from the other brokers? Inside my view/opinion, Liquidity Providers love to get more traders and the more traders they have the greater the spreads will be. Why do brokers refuse to do so?