September 15 2008 GBPNZD dropped from 2. 74 to 1.16. Anyone knows what's the reason? Thanks a lot!
Spike on FXDD, but not on IBFX 0 replies
Huge Spike? 8 replies
Dislikedibfx you can't get rid of itIgnored
DislikedLol, I've always wondered what "bad data" is exactly....Ignored
DislikedIt's something you see more often on metatrader platforms than any other. Not sure what the cause actually is, could be any one of a number of things. Maybe a temporary loss of communication between the metatrader server and their liquidity provider. Whatever the cause, just because it happens doesn't mean the broker did it on purpose. Not all bucketshops have that issue.
I know of one broker who claims ECN processing that has this issue almost daily when they do their reboot around midnight eastern.Ignored