A thought

Discussion in 'Forex' started by cigarno, May 20, 2010.

  1. cigarno


    Since there is NO central exchange or central market clearing ,It seems to me that the SPOT FX market is NON-existent. It is all just numbers being moved around among traders through the so called brokers,dealers,ECNs,STPs..... like a game of poker.

    when CNBC,Bloomberg...etc quote Euro/$ rate should be more specific and say this is the rate quoted at Xyz dealer,broker,ECN, Liquidity provider....etc.
  2. I remember reading somewhere that Bloomberg TV uses Hotspot FXi as the source of their quotes.