Where do non-market quotes come from? )
From crooked filtering and not enough customers.
All quotes in kitchens are indicative. In fact, they are all non-market, and only the brokerage house has the right to decide which ones are so non-market that even completed trades can be cancelled.
How accurate is the statement "All DCs filter quotes"?
And you go and check it out... Compare quotes between demo and real and you'll see how DC plays with them... especially if it's not a cent account...
and why wouldn't they play around... they are not fools...
How to prove that they are not market driven? That the demo and real have different quotes is understandable, except that the CD may say so and its word will be final and unconditional.
How can I prove that they are not market quotes? The quotes on the demo and the real are different, but the brokerage company can say so and its word will be final and unconditional.
It is not just the shenanigans of the brokerage companies that are causing the "non-market" quotes to appear.
It looks like this. Somewhere there was a single large deal of a few yards between two banks, at a slightly different price than the market average (so agree on it). Or maybe it was some dictator in a banana republic who urgently got rid of all the foreign currency cash at a bargain price, because his accounts were about to be seized, and some bank swallowed the entire volume at a tasty price. And there are no more dollars at 3 roubles on the market. This large transaction finds its reflection in the flow of quotes that the DC receives. They didn't have time to filter it, they missed it, they didn't understand something like that at once, etc. As a result, a price has slipped in your terminal, at which neither the DC nor anyone else can execute your order, because the deal was a single one....
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