Gain Capital launches new pricing comparison for enhanced accuracy
Gain Capital a global provider of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term services is eager to get positive news on the back of their mishaps with the NFA on pricing.
Gain Capital has launched a new service whereby traders can view live comparison data demonstrating the accuracy of their pricing relative to the larger OTC FX marketplace.
The price information is now available at Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term.com®, GAIN's retail division, and compares the midpoint for each of FOREX.com's most widely traded currency pairs to that of GTIS, an independent FX rate feed from Interactive Data Corporation.
In addition to providing some of the industry's most detailed statistics on pricing, FOREX.com has also taken a leadership position on publishing trade execution statistics. Since January 2011, FOREX.com has been releasing monthly Execution Scorecards, with year to date information available at https://www.forex.com/pricing-execution-scorecard.html.
For the seven month period of January to July 2011:
- FOREX.com executed 99.6 percent of all trades in less than one second;
- Had an average execution speed of .08 seconds;
- Price improved 71.5 percent of all limit orders; and
- Successfully executed 99.6 percent of all valid trade requests.
Transparency is a being questioned by all market participants especially as traders are getting more sophisticated and tools to analyse the accuracy of data are ever-present.
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Gain Capital a global provider of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term services is eager to get positive news on the back of their mishaps with the NFA on pricing.
Gain Capital has launched a new service whereby traders can view live comparison data demonstrating the accuracy of their pricing relative to the larger OTC FX marketplace.
The price information is now available at Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term.com®, GAIN's retail division, and compares the midpoint for each of FOREX.com's most widely traded currency pairs to that of GTIS, an independent FX rate feed from Interactive Data Corporation.
In addition to providing some of the industry's most detailed statistics on pricing, FOREX.com has also taken a leadership position on publishing trade execution statistics. Since January 2011, FOREX.com has been releasing monthly Execution Scorecards, with year to date information available at https://www.forex.com/pricing-execution-scorecard.html.
For the seven month period of January to July 2011:
- FOREX.com executed 99.6 percent of all trades in less than one second;
- Had an average execution speed of .08 seconds;
- Price improved 71.5 percent of all limit orders; and
- Successfully executed 99.6 percent of all valid trade requests.
Transparency is a being questioned by all market participants especially as traders are getting more sophisticated and tools to analyse the accuracy of data are ever-present.
Read rest of the PR here.