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  • #3,101
  • Sep 20, 2011 8:08pm Sep 20, 2011 8:08pm
Hi Guys,

A message is being sent to all clients through the MT4 platform, but I thought I would put it here as well.

Between 23:02 and 23:05 there was an erroneous price feed across all CHF pairs. This was caused by incorrect prices at bank level which affected many brokers.

All trades executed by these false prices will be rectified, but if you have any questions or positions that do not appear to have been sorted, please email [email protected].

Thanks,
Chris
  • #3,102
  • Sep 20, 2011 8:35pm Sep 20, 2011 8:35pm
Chris,

lot of disconnection after yen move
Mohan
  • #3,103
  • Sep 20, 2011 8:36pm Sep 20, 2011 8:36pm
Quoting mohan76
Chris,

lot of disconnection after yen move

and price freeze before disconnection
  • #3,104
  • Sep 20, 2011 8:44pm Sep 20, 2011 8:44pm
Quoting Mpt
and price freeze before disconnection
it was due to disconnection, mt4 realize disconnection bit later
Mohan
  • #3,105
  • Sep 20, 2011 9:00pm Sep 20, 2011 9:00pm
Hi Guys,

As you know I will happily admit when we have a problem, but I can hand on heart say that this was not caused by us.

Our currenex feed just went shall we say 'tits-up' which caused a surge in data to about 10 times the normal level, which caused some people to ping out (myself included).

Currenex was having problems for around 13 minutes, and is now back and firing again.

Apologies for that, I almost wish it was my fault so I could give you more details!

Thanks,
Chris
  • #3,106
  • Sep 21, 2011 2:47am Sep 21, 2011 2:47am
mohan76, thank you so much for posting this on EURUSD thread, GoMarkets broker rectify my USDCHF losses trade that have false huge spike down this morning on 3 of my accounts with them from -122 Pips (EA being triggered to cut losses), after rectify became +20 pips (TP being hit). I send email to them after I read your post, once again many thanks to you mohan76, also many thanks to GoMarkets broker for being honest and fair to it's trader client.
  • #3,107
  • Sep 21, 2011 3:10am Sep 21, 2011 3:10am
GoMarkets ignored it Actually a very interesting question. You are saying that you don't use the feature and people should believe only because you say so.

Don't get me wrong, i'm not pointing a finger at you saying liar, but MT4 doe's have a lot of features and plugins developed to 'help' broker

So saying that you are not on the dark side, doesn't really prove it.

Quoting PimpTrader
Thanks for the answer. So what you are saying is, that a community manager in GoMarkets, for some reason, is the only one person in the company who is able to inject the prices in the market.

Ok, sounds reasonable. We should be able to trust you. You are letting the settings rust, up until your 'liquidity providers' are having trouble - so you can save the day.

Ok, that's trustworthy. Why would you lie to your clients.

Few thing bother me thou, how come you are the only person who can do that? And one more thing - what if something happens to...
  • #3,108
  • Sep 21, 2011 3:32am Sep 21, 2011 3:32am
Quoting Rader
GoMarkets ignored it Actually a very interesting question. You are saying that you don't use the feature and people should believe only because you say so.

Don't get me wrong, i'm not pointing a finger at you saying liar, but MT4 doe's have a lot of features and plugins developed to 'help' broker

So saying that you are not on the dark side, doesn't really prove it.
open up multiple accounts with different brokers... watch how they all match the same prices... feel like a total muppet for suggesting chris likes to dick around with the f'ing price feed.

some of you people are seriously stupid to the point that it hurts my brain to read your shit and i want to club a panda. a baby panda. a baby panda holding a baby seal! get lost and come back when you have some common bloody sense!
Congratulations ScalaFX for coming out of the closet!
  • #3,109
  • Sep 21, 2011 3:50am Sep 21, 2011 3:50am
Wow. You should join anger management and also learn to read properly. I appreciate you trying to be funny, but the person who is stupid is the one who is ignorant.

Firstly, you should read what PimpTrader wrote. Then read what i wrote.

I'm not accusing anyone about anything, having no proof. What i am saying is that MT4 platform, provides zero transparency. It is destined for brokers to do what ever they want. And saying that 'we are not doing it' just doesn't really prove anything, doe's it?

Injecting prices ain't cool any more. There much more cooler available for brokers.

If for some reason, only today you will mature from being naive, let me know - i can give you an amazing lecture about ways you can get raped by your broker.


Quoting nubcake
open up multiple accounts with different brokers... watch how they all match the same prices... feel like a total muppet for suggesting chris likes to dick around with the f'ing price feed.

some of you people are seriously stupid to the point that it hurts my brain to read your shit and i want to club a panda. a baby panda. a baby panda holding a baby seal! get lost and come back when you have some common bloody sense!
  • #3,110
  • Sep 21, 2011 4:00am Sep 21, 2011 4:00am
Quoting Rader
Wow. You should join anger management and also learn to read properly. I appreciate you trying to be funny, but the person who is stupid is the one who is ignorant.

Firstly, you should read what PimpTrader wrote. Then read what i wrote.

I'm not accusing anyone about anything, having no proof. What i am saying is that MT4 platform, provides zero transparency. It is destined for brokers to do what ever they want. And saying that 'we are not doing it' just doesn't really prove anything, doe's it?

Injecting prices ain't cool any more. There much...
they probably ignored it because it's a retarded question. you should take some of your own advice and read what i wrote.

if at any point you can see on other broker platforms a price feed that all match except for Go's prices then mr clever investigator rader has found a discrepancy only with Go which would suggest they are playing dumbshit games with their price feed. if that was to happen there are more than a few people who would be on the internet within minutes QQ'ing away about how the price feed doesn't match everyone elses and therefore something fishy is going on.... SO WHERE ARE THEY?

until that time you can suggest, imply, ask, deduce, repeat, whatever the hell you want. stupid questions are stupid. good luck with your "101 ways in which big bad brokers make my account die a slow death", and good luck with asking more stupid questions that have literally no basis for being asked. come back when you find a price feed that is clearly wrong and tampered with.
Congratulations ScalaFX for coming out of the closet!
  • #3,111
  • Sep 21, 2011 4:07am Sep 21, 2011 4:07am
My order on USDCHF was corrected by GoMarkets. first SL with 120pips, now TP hit with 20pips. Thanks for correcting the error so fast!
  • #3,112
  • Sep 21, 2011 4:28am Sep 21, 2011 4:28am
Look, dumbbell. i will simplify what i said for you.

1. Brokers are able to manipulate the market with MT4 admin pannel (fact)
2. If broker (or any one else) says he's not doing something - it doesn't mean he really isn't doing it (fact)
3. MT4 platform is untrasparent (fact)

So what doe's that mean? let me help you out on this one. It means, if broker is using an MT platform, he is damaging his transparency. If a broker is using mt platform, you can NEVER fully trust him, unless he is able to display his admin panel settings for public.

Injecting price, is a tip of an iceberg, of all the possibilities broker has to rape you with this platform.

Please, read properly before you post a reply. Have some manners and restrain yourself from misinterpretation caused by improper reading.

P.S. I did not ask any question, nor i did say that GO is manipulating the market with injecting prices. Up yours

Quoting nubcake
they probably ignored it because it's a retarded question. you should take some of your own advice and read what i wrote.

if at any point you can see on other broker platforms a price feed that all match except for Go's prices then mr clever investigator rader has found a discrepancy only with Go which would suggest they are playing dumbshit games with their price feed. if that was to happen there are more than a few people who would be on the internet within minutes QQ'ing away about how the price feed doesn't match everyone elses and therefore...
  • #3,113
  • Sep 21, 2011 4:36am Sep 21, 2011 4:36am
Quoting Rader
Look, dumbbell. i will simplify what i said for you.

1. Brokers are able to manipulate the market with MT4 admin pannel (fact)
2. If broker (or any one else) says he's not doing something - it doesn't mean he really isn't doing it (fact)
3. MT4 platform is untrasparent (fact)

So what doe's that mean? let me help you out on this one. It means, if broker is using an MT platform, he is damaging his transparency. If a broker is using mt platform, you can NEVER fully trust him, unless he is able to display his admin panel settings for public.

Injecting...

I think the majority would be aware of MT4 plugin etc.
Run several FX accounts side by side to keep an eye on 'funny business'.

Or trade Futures.
  • #3,114
  • Sep 21, 2011 5:48am Sep 21, 2011 5:48am
It seems GO's server issue is almost fixed. Thank you Chris.

*********************

 

  1. server connection stability -> OK
  2. order execution speed -> OK(but not good for scalp?)
  3. stoplevel -> Not yet
  4. spread -> Not yet
  5. MT5 -> Not yet

*********************
IMO I deeply doubt the quality of Currenex's feed these days.
I hope GO looks for more stable&reliable liquidity source.

  • #3,115
  • Sep 21, 2011 5:55am Sep 21, 2011 5:55am
Quoting Rader
Look,
Injecting...
plug in not limited to mt4 , all platform have this function , daily rollover time is good for up to 10 pip manipulation, other time they can do max of 2-3 pip.
news time 5 -10 pip

these days retailers are smarter, most of them using 2 feed. brokers biggest
weapon is slippage

Try a Market maker (specially Russian one) , your will Learn all dirty tricks
Mohan
  • #3,116
  • Sep 21, 2011 6:07am Sep 21, 2011 6:07am
Quoting ptarmigan
It seems GO's server issue is almost fixed. Thank you Chris.

*********************

 

  1. server connection stability -> OK
  2. order execution speed -> OK(but not good for scalp?)
  3. stoplevel -> Not yet
  4. spread -> Not yet
  5. MT5 -> Not yet

*********************
IMO I deeply doubt the quality of Currenex's feed these days.
I hope GO looks for more stable&reliable liquidity source.


Currenex isn't a liquidity source as such - it is the price aggregation technology that combines multi-bank price feeds.

The liquidity source comes from the underlying banks that feed into the Currenex platform, so any spikes/jumps in prices comes from the bank/liquidity providers

Bearing in mind that most banks will use a Currenex platform to stream in other banks' pricing, I doubt that it would be Currenex that went down, otherwise they'd have huge issues with their banking clients
  • #3,117
  • Sep 21, 2011 6:36am Sep 21, 2011 6:36am
Dear Client,
Please be advised that we are going to restart our trading servers to correct erroneous trade history and price activity caused by an incorrect bank feed across all Swiss Franc pairs earlier.
Between server time 23:02 and 23:05 on 20th September there was an incorrect data feed on USDCHF, EURCHF, GBPCHF, CHFJPY and AUDCHF.
Any affected trades are being corrected to ignore this erroeneous price data.
The server restart will occur at approximately 07:30 server time and will last for around 3 or 4 minutes.
If you require any further information, please do not heistate to contact us.
Regards,
GO Markets
OPPORTUNITY IS NOWHERE
  • #3,118
  • Sep 21, 2011 6:40am Sep 21, 2011 6:40am
Quoting Callisto
Dear Client,
Please be advised that we are going to restart
If you require any...
it was done before before franky open old message
Mohan
  • #3,119
  • Sep 21, 2011 6:45am Sep 21, 2011 6:45am
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Check your platforms fellow traders, the undesired DC flipping happens again...
  • #3,120
  • Sep 21, 2011 7:09am Sep 21, 2011 7:09am
Typically banks stream liquidity to Currenex via one or maximum couple feeds. i.e. if the bank gets hit with prices it doesn't really want, it will withdraw its own liquidity at all, this is what happens with those spikes. and this is why Currenex went away from no 2 ECN to number 7+ ECN
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