QuoteDislikedYes, I know, however, I have never seen 1M per every 5th decimal quoted, at least not on the "retail" CNX platforms.
I do...PRET/Viking CX is quoting to 3M per 5th decimal...
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DislikedI'm just surprised that liquidity isn't higher on most CNX platforms, considering that FX is always touted as THE most liquid market there is while in reality it seems much easier for the little guy to dabble in the index and bond futures where liquidity is plenty and spreads are tight if not tighter.Ignored
DislikedHuh? In the last screenshot eur/usd had 80+ million in the book, and it wasnt even scrolled down to see the entire depth. What were you expecting? A billion with 1 pip spread?Ignored
Dislikeddon't know why people worry about LIQ when there not trading large amounts.Ignored
DislikedVery simple anwser...like every market this is a competitive market...for example you have 10 traders at a certain ECN and all wanting a price at 1.3301 for 1M...but there is only 1M available at that price...only one guy will get lucky to take that 1M at 1.3301 and the rest get canceled out/or slipped...But if there was 10M avaiable...all 10 will get filled... So that can be a reason why people are worrying about liquidity if they dont 1M+ sizes...Ignored
DislikedHere you go guys! ptarmigan is correct that you can see pricing and liq. on their demo, but their live feed offers much more liq. and prices are a bit better on avg.
I'll take some more screen shots tmrw. when London and NY overlap. Just remember this a little bit ago but highlights the big drop of in liquidity from 5 - 6 pm EST.
On screenshot is VWAP and the other is just standard. Note: the one with many orders is standard and the one below that with far fewer is the VWAP (Volume Weighted Average Price).Ignored
Dislikedi bet that they have different feeds depending who are you connected to, liquidity wise. i can see from screens that good amounts are lying far away from best offers there... did i miss something there? whats the feed?Ignored
Dislikedi bet that they have different feeds depending who are you connected to, liquidity wise. i can see from screens that good amounts are lying far away from best offers there... did i miss something there? whats the feed?Ignored
Dislikeddon't know why people worry about LIQ when there not trading large amounts.Ignored
DislikedYou are right, my bad.
However, I still haven't seen fx ecn's that are really superior in liquidity to the index futures ( S&P, Eurostoxx) trading at the CME and Eurex.
I know that with FX, it depends on the deal your Prime Broker gives you, account size etc....so maybe, there are currency platforms that offer that huge liquidity but it's not within the reach of individual traders.Ignored
DislikedWhat is superior liquidity for you? How much in M per base point?Ignored
DislikedDivisa Capital offers Currenex, with excellent liquidity.
http://www.divisafx.com/index.php?option=com_content&view=article&id=68&Itemid=88
Three things I like about them:
- Everything is very easy and good quality
- They offer Currenex for Retail Traders without a high budget
- It is possible to use Metatrader 4 with Currenex. Soon they will offer MT5 which also includes Depth of Market DOMIgnored
DislikedJust out of curiosity, what size would one's account have to be if one wishes to trade on the EBS platform as a retail trader? Or is it an institutional platform only?Ignored
DislikedThe min. trading size is 1M - however they offer fractional pricing as well these days, which has less liquidity.
Normally you would trade via a bank on EBS - but I know LCG offers it as well...but it depends on the PB how many counterparties you would get on EBS, in this case the PB of LCG (therefore see more/less liquidity)Ignored