Disliked{quote} ok. lets see if i can answer this without being confusing.. I can only speak to hedge fund execution, not the other type of institutions that might execute foreign exchange. firstly, position size in total is unlikely to be the same as order size. Generally people build their positions incrementally. so to use the eurusd as a typical currency pair. And assuming 'normal' market conditions and everyone executes a little differently So order size:.. that will be directly related to the amount of capital that a portfolio manager is managing....Ignored
I totally agree with you " position size in total is unlikely to be the same as order size. Generally people build their positions incrementally"
And i guess liquidity of other pairs like gbpnzd gbpjpy euraud etc is less compered to eurusd ??
'So using the algo in a banks portal might look something like this.. order to buy 400m eurusd over 4 hours with a limit price'..so the algo's trade this way..can you please explain what other types of algo are used including high frequency trading algos...?!
ohh that's interesting that 'Very few portfolio managers use candlesticks or charts as their starting point for a trade'..so basically what do they look into ???economics..political issues...interest rate ???
'Flow and order book information used to be common place but these days you got to jail for passing that information' - oh yes i read a article regarding it
http://www.straitstimes.com/business...gful-dismissal
'The bank claims the chats revealed her "intention to trade with a view to affect or manipulate' - ..so bank traders chat with other bank traders on a chat.
and can you please tell why and how fake bids are placed to market and withdrawn before it gets executed?
https://www.bloomberg.com/news/artic...-front-running
https://www.ft.com/content/2b3460f0-...2-2c9be7f3120a
can you please explain what is front running forex market that institutions do?
And what are the currency options bought to protect adverse move in currency markets
Flow and order book information does only banks have access to it or hedge funds who have a prime brokerage with a bank have access to it also ?
And flow and order book info is the amount of volume and orders available at a particular price..am i right?
Yup you were clear and helpful..thanks..and please answer the questions that i have asked..and sorry i ask many questions..haha...i am curious and hungry for knowledge and share my knowledge..
Have a great weekend
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