Thread: Where brokers connect?

Hi,

I want to learn where all the brokers connect to see in their platforms the true price. For ex: @ fxcm I see 1.5760 and on odl I see 1.5756. . One it than the other. . And I wish to understand why. . If a person could clarify this...

I understand that this it's common use by lag however this lag it's annoying and I wish to know why it's happening. I thought that one broker it's connected @ I do not know bank and the other @ other bank. . but how?

If anyone could tell me where all the brokers are connected I would really appreciate.

Thank you,

Originally Posted by ;

Hi,

I wish to learn where all of the brokers connect to watch on their platforms the real price. For ex: @ fxcm I visit 1.5760 and on odl I visit 1.5756. . One it than another. . And I want to know why. . If a person could explain this...

I know that this it is common usage by lag but this lag it is annoying and I want to know why it is occurring. I thought that one broker it is connected @ I don't know bank and the other @ other bank. . but how?

If anybody could tell me where all of the brokers are linked I would really appreciate.

Thank you,

eye4spot

If you can call this a 'lag' then I would be a billionaire

it's not a matter of one being faster then another...

Originally Posted by ;

Hello,

I want to know where all the brokers connect to watch in their platforms that the real price. For ex: @ fxcm I see 1.5760 and on odl I see 1.5756. . One it than another. . And I want to understand why. . If a person could clarify this...

I understand that this it's common usage by lag however this lag it's annoying and I want to know why it's happening. I presumed that one broker it's connected @ I don't know bank and another @ additional bank. . but how?

If anybody could tell me where all the brokers are linked I would really appreciate.

Thank you,

eye4spot

Hire a hacker and hack in their respective server to trace their information feed connection.

Originally Posted by ;

Hire a hack and hacker in their respective host to trace their information feed connection.

No imagination some folks, employ a hack and hack in their respective server and stream your own prices.

Sheeesh Zen, do I need to teach you what bro/Bro?

....ooops, almost forgot that the

Originally Posted by ;

.. .stream your prices....

... I stated that??

Oh, s**t, your above average IQ overload...

Originally Posted by ;

... I said that??

...

No you did not state that, I included it on the end of your hacking servers plan. C'mon Zen, try to maintain!

Are you sure we are related, it has to have been a faulty gene if we are!

so. . What's the solution. .

Where they join the have that price?

thank you!

Originally Posted by ;

so.. What's the solution. .

Where they join the have that price?

thank you!

No idea, likely one of the major information suppliers, I believe GTIS is one is not it? They likely add in their liquidity suppliers feed someplace along the line with their particular algorithms to adjust the streamed quotes you view, but logistically I have no idea how it works as I am IT illiterate, sorry!

GTIS is only a data provider, a marketmaker however has to quote executable prices. They build their own quotes from their liquidity providers, which may be investment banks or other (interdealer-)brokers. Those banks generally dont want their title in the open (reputational risk), so brokers can not disclose their banking partners.

Apparently small companies even connect to other brokers (i.e. if you read the FXLQ files here on this forum they'd accounts with HotspotFX retail and the likes). Anyways, you will not be told by them in wherever they aggregate their quotes or the way they do it. It isn't even neccessary, if you want to determine whether your broker's pricing is reasonable, get a 3rd party data-provider such as eSignal, where dozens of associations publish their quotes, and it's going to be pretty clear if a broker is off (or not).

Originally Posted by ;

Those banks generally dont want their name in the open (reputational risk), so brokers can't disclose their banking partners.

This could certainly be true, that banks might like not to be linked by name with all the dealing desks/bucket stores of earth.

Http://www.hotspotfxi.com/clientBanks/pfis.jsp don't have any qualms http://www.interactivebrokers.co.uk/...2087792#BARCFX.