Hello All,
My name is Joel Murphy, and any of you that have called the GO Markets office over the last few years would have most likely had a chat to me. Following Chris Reynolds’ departure from GO Markets I’ll be you new point of contact on Forex Factory.
Firstly, I would like to apologise for the lack of comment on the thread in the last few weeks, we have had a systematic handover take place at GO and now that our new structure is properly in place we can resume on the thread.
Thanks to all of you for your patience in the meantime, and rest assured the comments that have been made in the last few weeks have certainly been taken on board by the team, and we appreciate your ongoing feedback.
In terms of our core product, it has taken longer than expected to fully implement our new set up but those who have been trading this week will have seen further improvements – with slippage becoming negligible and improved execution and spreads.
With news items, if we look at Australian Retail sales yesterday we had spread max at 4.8 on AUDUSD in the minute following; with the last 5 seconds before and 5 seconds after the announcement having the spread at max of 2.5 pips. With a 21 pip move down in the minute following that spread is pretty tight.
As mentioned by others posting, execution time has improved also as we have been tweaking our set up and we will endeavour to continue to improve to give our clients that best trading conditions possible. Looking at the last few weeks although they have been trying, we are confident that GO Markets product will be a better as a result of the changes made.
Cheers,
Joel
My name is Joel Murphy, and any of you that have called the GO Markets office over the last few years would have most likely had a chat to me. Following Chris Reynolds’ departure from GO Markets I’ll be you new point of contact on Forex Factory.
Firstly, I would like to apologise for the lack of comment on the thread in the last few weeks, we have had a systematic handover take place at GO and now that our new structure is properly in place we can resume on the thread.
Thanks to all of you for your patience in the meantime, and rest assured the comments that have been made in the last few weeks have certainly been taken on board by the team, and we appreciate your ongoing feedback.
In terms of our core product, it has taken longer than expected to fully implement our new set up but those who have been trading this week will have seen further improvements – with slippage becoming negligible and improved execution and spreads.
With news items, if we look at Australian Retail sales yesterday we had spread max at 4.8 on AUDUSD in the minute following; with the last 5 seconds before and 5 seconds after the announcement having the spread at max of 2.5 pips. With a 21 pip move down in the minute following that spread is pretty tight.
As mentioned by others posting, execution time has improved also as we have been tweaking our set up and we will endeavour to continue to improve to give our clients that best trading conditions possible. Looking at the last few weeks although they have been trying, we are confident that GO Markets product will be a better as a result of the changes made.
Cheers,
Joel
