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> [Can't] React to currency fluctuations on a tick by tick basis. FX is just so fast and precise. I don't see any reason why they couldn't aggregate prices and
by topbanana 12y ago
> [Can't] React to currency fluctuations on a tick by tick basis. FX is just so fast and precise.
I don't see any reason why they couldn't aggregate prices and compute them tick-by-tick? JavaScript can run really fast these days
> [Can't] Use this in a real world setting. I can't see any privacy policy or contract indicating what happens when shit goes wrong. We are talking about money here, you can't just half ass this kind of thing.
I mostly agree and I wouldn't use it, but if you're just starting out and can't afford to build your own platform, it might be worth considering?
> There is a reason that professional FX traders mix FX spot quotes from multiple sources, we use 4 at the fund I work at and some use up to 10 sources.
We use 15 :) (Although two are internal flow from other desks)
> Plus they use FXCM which had this new out about them
We use FXCM. If they quote and fill the best price, I don't really care how they arrived at it. But that's just me.