Wide spreads - Should this be acceptable?

Did anyone see the spreads this afternoon? A lot of companies went really wide on their spreads...only a few stayed tight.

Are they trying to take advantage of today's market volatility? Check out the list...

http://i360.photobucket.com/albums/o...g?t=1273180700

SPY spread was $3 in stead of usual penny today.

I'm with Oanda and all my EURUSD orders went through with a <1 spread.

EURJPY was significantly wider : 2.2 today versus 1.8 during last week. That was annoying because my robot doesn't take EURJPY orders when the spread is higher than 1.9. I noticed the wider spread only 6 hours ago and missed a big chunk of the move.


Edit : I also had a 1 pip slippage on ONE EURUSD order and that was all.
(yes my robot do check and record spreads and slippage because forex is a business, I am serious about it and I study all my statistics)

Sometimes it's just good to have fixed spreads. FX is a business and it does help to know your expenses in advance. The markets went crazy today and all my trades have been executed with the fixed spread, no re - quotes at all .

The spreads today were just a reflection of the reality of the markets. During increased volatility (like at news releases), spreads always widen. Today was an exceptionally volatile day in the markets all day, beyond just the news.

One option as noted, is to use a fixed spread broker, which would be an advantage on days like today.

But as annoying as it might be, there's nothing sinister about the spreads widening; it's perfectly normal given the circumstances.

The things that jump on the eyes is that FXCM and MIG were the most spread widener today.

However, the list is not very accurate: today I was on FxPro and spreads weren't as wide as indicated.

Lol a spread based question on a day that gbp/jpy fell 1200 pips...

www.babypips.com

Did you notice anything a little out of the ordinary last night(night for aussies)? Maybe you noticed a tad more volatility? I would hate to see what you call a sell off if last night did not register on your radar.

as was mentioned to you, I think you should do a little more study on this thing call trading financial markets.


Cheers

Here is another look at wide spreads. Some of these ones really jump out... http://i360.photobucket.com/albums/o...g?t=1273501424

GFT stays at 2 pips consistently for eurusd

Those look perfectly normal to me. Look at the average; what's wrong there? That should be more telling to you than looking at what spreads were during some temporary blip (like news or volatility )