FxPro’s Slippage and Re-Quote Statistics Show Regression During Q4 2015
- For Q4 2015, FxPro showed the number of trades executed with negative slippage rose to 24.8%, vs just 17.0% in Q3 2015.
UK brokerage FxPro has reported 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 Q4 2015, ending December 31, which represents the latest installment of the publication and bid for increased transparency since April of this year, according to an FxPro statement.
For Q4 2015, FxPro showed the number of trades executed with negative slippage rising to 24.8%, which constitutes a sizable rise from just 17.0% in Q3 2015. This also marks the highest figure at the broker since it started reporting these figures, even beating its Q2 figure of 20.7%.
In addition, FxPro’s orders executed with positive slippage dove to just 37.5% in Q4 2015, falling from 43.4% back in Q3 2015 – ‘at quote’ Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term has also undergone a less pronounced descent to 37.7% in Q4 2015, which retreated from 39.6% in Q3.
During the months of October, November and December 2015, the number of re-quotes has also risen to 5.95%, up from 4.5% in Q3 2015, and the highest figure of the year. More specifically, 2.99% of these re-quotes were positive in Q4 2015, compared to 1.7% in Q3 2015, while were 2.96% were negative in Q4, vs. 2.8% in Q3 2015.
According to FxPro Chief Executive Officer (CEO), Charalambos Psimolophitis, in a recent statement on the statistics: “Looking at our execution statistics for Q4 alongside the respective metrics for the three previous quarters of 2015, we see consistency and continuous slippage symmetry, with the latest percentages reaffirming the reliable and flawless quality of trade execution that FxPro offers.”
UK brokerage FxPro has reported 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 Q4 2015, ending December 31, which represents the latest installment of the publication and bid for increased transparency since April of this year, according to an FxPro statement.
For Q4 2015, FxPro showed the number of trades executed with negative slippage rising to 24.8%, which constitutes a sizable rise from just 17.0% in Q3 2015. This also marks the highest figure at the broker since it started reporting these figures, even beating its Q2 figure of 20.7%.
In addition, FxPro’s orders executed with positive slippage dove to just 37.5% in Q4 2015, falling from 43.4% back in Q3 2015 – ‘at quote’ Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term has also undergone a less pronounced descent to 37.7% in Q4 2015, which retreated from 39.6% in Q3.
During the months of October, November and December 2015, the number of re-quotes has also risen to 5.95%, up from 4.5% in Q3 2015, and the highest figure of the year. More specifically, 2.99% of these re-quotes were positive in Q4 2015, compared to 1.7% in Q3 2015, while were 2.96% were negative in Q4, vs. 2.8% in Q3 2015.
According to FxPro Chief Executive Officer (CEO), Charalambos Psimolophitis, in a recent statement on the statistics: “Looking at our execution statistics for Q4 alongside the respective metrics for the three previous quarters of 2015, we see consistency and continuous slippage symmetry, with the latest percentages reaffirming the reliable and flawless quality of trade execution that FxPro offers.”