Thread: Volume

It doesn't seem to be a lot of quantity. . .perhaps that is only the quantity that they've had at that specific broker. Fx all tolled will 2 trillion dollars a day that I heard. As soon as I began in FX I asked my broker why no one appears to have a volume chart, and their response was that there is no'fundamental' clearing place to take a count.

I have to acknowledge a universal quantity indior will be fine....but I'd think with somebody counting all volume I'd have to pay for this in spreads (as could everybody else)!

Originally Posted by ;

It does not appear to be a lot of volume. . .perhaps that the volume that they've had at that broker. Fx all tolled will 2 trillion dollars per day that I heard. When I began in FX I asked my broker why no one appears to have a volume chart, and their answer was that there's no'central' clearing loion to have a count.

I have to admit a universal volume indior would be nice....but I would think with somebody counting all volume I would have to pay for it in spreads (as could everyone else)!

Marketing Strategy. It's all in how the numbers are used by you.

If I trade 1 full lot, that Fx all tolled will 2 trillion dollars per day that I heard. goes up by 100,000.

The statement is indeed true. That is 2 dollars in total contract face value per day.

Studying http://www.dukascopy.com/ on the ideal hand side mid-screen you will observe real time rates bid/ask (Dukascopy FOREX Interbank Rates).

More interestingly you will also see real time volume in millions, where are they getting this quantity indior?

Much appreciated.