I truly consider FX market to be one of the most transparent markets today, though this doesn’t rule out the idea of insider trading. Since basically every relevant information is released publicly and because of the nature and importance of the data, I believe that having an exclusive access to such kind of information before it gets released to public is, well, quite unlikely…
What I do consider a possible source of insider trading is big banks. They have the power to drive the rate whatever direction they want, and therefore change the psychology of the market. Besides, they are the ones who fill your orders so it is safe to say they kind of know the overall sentiment of the market.
I would like to know what other traders on FF think about this matter, perhaps recommend an article, video or a good thread…
What I do consider a possible source of insider trading is big banks. They have the power to drive the rate whatever direction they want, and therefore change the psychology of the market. Besides, they are the ones who fill your orders so it is safe to say they kind of know the overall sentiment of the market.
I would like to know what other traders on FF think about this matter, perhaps recommend an article, video or a good thread…