who buys at the ask price in spot fx? - Currency Futures | futures io social day trading
futures io futures trading


who buys at the ask price in spot fx?
Updated: Views / Replies:221 / 3
Created: by johnEdweeno Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

who buys at the ask price in spot fx?

  #1 (permalink)
brisbane queensland australia
 
Trading Experience: None
Platform: multichart
Favorite Futures: currency futures
 
Posts: 32 since Oct 2018
Thanks: 0 given, 4 received

who buys at the ask price in spot fx?

I mean apart from speculators. Do institutions need to cross the spread when they want to buy off another institution?

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
copenhagen Denmark
 
 
Posts: 2 since Jul 2019
Thanks: 0 given, 0 received


Hi John, yes they do...unless they want to fiddle around with limitorders where they join the bid/ask.

Smaller institutions (banks) usually just buy at market (Ask) but the big banks might be more prone to use limits to save the spread costs...But spreads these days are very low in the majors.

Most FX trading is done via EBS and Mathcing which works in the same way as a futures orderbook.

Reply With Quote
 
  #4 (permalink)
Market Wizard
Boca Raton
 
Trading Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,386 since Sep 2010
Thanks: 2,321 given, 3,460 received


johnEdweeno View Post
I mean apart from speculators. Do institutions need to cross the spread when they want to buy off another institution?

Institutions can not be generalized as one entity. Some have deeper liquidity than another and may buy at the ask if necessary. Second, the purpose for some may be hedging, cash conversion or other where a tick is of insignificance.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
Reply With Quote
The following user says Thank You to mattz for this post:

Reply



futures io > > > > who buys at the ask price in spot fx?




Upcoming Webinars and Events (4:30PM ET unless noted)
 

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now
 

$1,000 in Amazon Gift Cards being given away right now from GFF Brokers

Right now
 

$250 Amazon Gift Cards with our "Thanks Contest" challenge!

Right now
 

Show us your trading desks and win over $5,000 in prizes w/Jigsaw Trading

August
 

Webinar: Chart Patterns and Practical Trading Stats w/Suri Duddella

Elite only
 

Webinar: Richard Bailey (TBA)

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Bid- and Ask- Price - what is the price shown on the chart? svedan Beginners and Introductions 7 February 27th, 2018 03:21 AM
Mexican Tycoon Slim Buys Into Spain's Caixa: Report Quick Summary News and Current Events 0 May 11th, 2011 04:20 AM
E*Trade baby buys CDS... gain247 Jokes 0 April 15th, 2011 05:36 PM
Buys and Sells not matching in number richw NinjaTrader Programming 8 February 22nd, 2011 06:15 PM
ECB May Keep Unlimited Liquidity, Hint on Bond Buys Quick Summary News and Current Events 0 December 2nd, 2010 02:30 AM


All times are GMT -4. The time now is 09:09 PM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts