FxPro Reveals Q3 Slippage and Re-Quote Statistics
- The company’s infrastructure managed to handle increased volatility quite well, the transparency effort reveals.
One of the top 15 retail brokers by monthly volume outside of Japan, FxPro has revealed its Slippage Slippage In financial trading, slippage refers to the difference in price between the price an order was intended or expected to be filled and the actual price an order was filled. Slippage is a very contentious issue among retail traders, which can lead to issues. Many traders view levels of slippage at brokers as a key determinant for their business. For example, in forex trading, if a trader places a trade intending to enter a buy on the EUR/USD at 1.1080, but they only get into the market at a price In financial trading, slippage refers to the difference in price between the price an order was intended or expected to be filled and the actual price an order was filled. Slippage is a very contentious issue among retail traders, which can lead to issues. Many traders view levels of slippage at brokers as a key determinant for their business. For example, in forex trading, if a trader places a trade intending to enter a buy on the EUR/USD at 1.1080, but they only get into the market at a price Read this Term and re-quote statistics for the third quarter of 2015. The broker began undertaking this increased transparency effort in April of this year.
The efforts of FxPro in the execution department appear to be paying off rather well for the company’s clients. The number of trades executed with negative slippage has dropped to 17 per cent, which is down from the 20.7 per cent announced in the second quarter.
Looking at the rest of the picture, the orders executed with positive slippage increased to 43.4 per cent, while 'at quote' execution has risen to 39.6 per cent.
During the months of July, August and September, the number of re-quotes has dropped by 4.5 per cent. Amongst those, 2.8 per cent were negative and 1.7 per cent were positive. The total figure dropped by 0.8 per cent when compared to the second quarter of this year.
Commenting on the announcement, the CEO of FxPro, Charalambos Psimolophitis, said: “Though there was increased market Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term during the third quarter of 2015, we have managed to register these promising figures that reveal slippage symmetry and testify to our advanced execution and order-matching technologies.”
One of the top 15 retail brokers by monthly volume outside of Japan, FxPro has revealed its Slippage Slippage In financial trading, slippage refers to the difference in price between the price an order was intended or expected to be filled and the actual price an order was filled. Slippage is a very contentious issue among retail traders, which can lead to issues. Many traders view levels of slippage at brokers as a key determinant for their business. For example, in forex trading, if a trader places a trade intending to enter a buy on the EUR/USD at 1.1080, but they only get into the market at a price In financial trading, slippage refers to the difference in price between the price an order was intended or expected to be filled and the actual price an order was filled. Slippage is a very contentious issue among retail traders, which can lead to issues. Many traders view levels of slippage at brokers as a key determinant for their business. For example, in forex trading, if a trader places a trade intending to enter a buy on the EUR/USD at 1.1080, but they only get into the market at a price Read this Term and re-quote statistics for the third quarter of 2015. The broker began undertaking this increased transparency effort in April of this year.
The efforts of FxPro in the execution department appear to be paying off rather well for the company’s clients. The number of trades executed with negative slippage has dropped to 17 per cent, which is down from the 20.7 per cent announced in the second quarter.
Looking at the rest of the picture, the orders executed with positive slippage increased to 43.4 per cent, while 'at quote' execution has risen to 39.6 per cent.
During the months of July, August and September, the number of re-quotes has dropped by 4.5 per cent. Amongst those, 2.8 per cent were negative and 1.7 per cent were positive. The total figure dropped by 0.8 per cent when compared to the second quarter of this year.
Commenting on the announcement, the CEO of FxPro, Charalambos Psimolophitis, said: “Though there was increased market Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term during the third quarter of 2015, we have managed to register these promising figures that reveal slippage symmetry and testify to our advanced execution and order-matching technologies.”