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Sunday Evening Broker Spreads out of whack?

  • Post #1
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  • First Post: May 9, 2010 6:46pm May 9, 2010 6:46pm
  •  rubberband
  • | Joined Jun 2009 | Status: Member | 34 Posts
Spread this evening on my FXDD account is 10 pips on the EURUSD. This is the first time their EURUSD spread has been more than 2 pips to the best of my knowledge. Their spread is also out of wack on GBPUSD EURCHF and USDCHF. On-line chat rep called it a "liquidity problem" but I think something else is driving it as other pairs don't have this issue. Anyone else having problems with their broker's spreads this evening?
  • Post #2
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  • May 9, 2010 8:57pm May 9, 2010 8:57pm
  •  Trader KGB
  • Joined Apr 2007 | Status: Member | 1,842 Posts
Quoting rubberband
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Spread this evening on my FXDD account is 10 pips on the EURUSD. This is the first time their EURUSD spread has been more than 2 pips to the best of my knowledge. Their spread is also out of wack on GBPUSD EURCHF and USDCHF. On-line chat rep called it a "liquidity problem" but I think something else is driving it as other pairs don't have this issue. Anyone else having problems with their broker's spreads this evening?
Ignored
Saw that too, but it appeared to be centric to FXDD only. Spreads are definitely elevated for a Sunday open, but this is nothing like post-Lehman Sunday. EURUSD back to down to 1-1.5 on the ECNs from 2-3 at the open
 
 
  • Post #3
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  • Last Post: May 9, 2010 9:30pm May 9, 2010 9:30pm
  •  Derulo
  • | Joined May 2010 | Status: Junior Member | 4 Posts
Spreads were high on Oanda and Instaforex too. Plus there was a 170 pip gap open on the brokers. IMF bailout of greece news I guess caused this.
 
 
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