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Are quotes different for everyone (a couple of pips do not count) - so logically there is someone who owns
One could also consider them
https://ru.wikipedia.org/wiki/Банк_международных_расчётов
The water level in the sea is the same, a couple or three metres for waves and tides don't count. Who commands the water? ))
Financial markets are so interconnected that large differences in quotes cannot technically arise. The law of communicating vessels, if you don't like the sea analogy.
If we look at it this way, it would appear that when grandmothers sell their potatoes at the market, the market owner will be the owner of the potatoes. The market owner can own the potatoes if he buys them and influence the price if he buys them at a higher price than usual.
You can leave potatoes to the bazaars, and who sells them))) Why am I surprised, it's a philosophical thread :)
About one system more plz. I always thought forex was a decentralised system and there is no single authorised organisation or person who owns the forex currency market.
The second organisation that has an impact, as you say, is the authorised organisation, which can even be called a puppet, and why not? After all, it is its direct responsibility:
The main functions of the IMF are
to promote international cooperation in monetary policy
expansion of world trade
lending
stabilising monetary exchange rates
advising debtor countries (debtors)
development of international financial statistics standards
collection and publication of international financial statistics
What is the most important thing for algotrading?
1 The ATC algorithm.
2 The liquidity of the instrument.
3. In some cases speed of execution on the part of the broker.
4 Reliable communication.
Nothing else is required for the individual trader. Bankers are a different matter altogether.
Of course you didn't read the link, but you put up your ironclad mojo :)
Why, I read it and didn't see the slightest hint that the MDB owns forex. Moreover, the objectives are spelled out as
The purpose of the bank is:
-Article 3 of the BIS Constitution
The second organisation that has an impact, as you say, is the authorised organisation, which can even be called a puppet, and why not? After all, its direct responsibility:
The main functions of the IMF are
to promote international cooperation in monetary policy
expansion of world trade
lending
stabilising monetary exchange rates
advising debtor countries (debtors)
development of international financial statistics standards
collection and publication of international financial statistics
So what's next? Is this another forex owner in your hypotheticals? The usual aims of a major international bank.
And they do not seem to have a good track record of stabilisation, do you think?
What is the most important thing for algotrading?
1 The ATC algorithm.
2 The liquidity of the instrument.
3. In some cases speed of execution on the part of the broker.
4 Reliable communication.
Nothing else is required for the individual trader. Bankers are a different matter altogether.
Why, I read it and didn't see the slightest hint that the MDB owns forex. Moreover, the objectives are spelled out as
The purpose of the bank is:
-Article 3 of the BIS Articles of Association