IB - How many liquidity providers do they have now?

The liquidity is excellent. Fathoms deeper than many would require. Just posting follow-up as today yen pair bid/offer size is bigger than several days ago, but not the super size viewed on Friday, june 10th

Typically this market will serve more than most could eat.
 
I think you will find that once the current size on the bid/ask is gobbled up, it is immediately replaced - so don't let the sizes here fool you into how liquid it is. It is vastly liquid.

MK
 
Quote from Fox-Mulder:

"They use UBSFX and IDEALPRO for TWS execution reports.

UBSFX seems to be any of their liquidity providers and IDEALPRO any other IB customer."

How did you find it out ?

By the way UBSFX is one of the biggest player (Volumen) in the forex market.
Additional idea:

There is more info if you look at the field 'GIVE-UP' (i.e. add to your layout)

in your execution window. Maybe this field will identify the liquidity provider (?).
 
Quote from virgin:

What's the typical spread and liquidity
at the best bid/offer for the EUR/USD
at London and NY hours ?

1 pip and usually they are right on top of each other. You can go inbetween and usually get your price in normal market conditions. I have been using IB more and more for forex (I have only been a customer for 4 months). They give the best spreads IMO. Very tight. Especially in the crosses. The only spread that I have seen and NOT liked it the USD/CAD---sometimes it will tighten up---but most of the time it is too wide.
 
Quote from jonnysharp:

i see some of my trades are filled on the UBSFX desk and some on IDEALpro?????

last week for the majority of the time the EUR/USD was 1pip wide, now this week its 2pips wide?????

boy, if they reduced all of their major pairs to 1pip constantly through the euro session, i personally know guys that would close their a/c's with the banks and move to IB cause of their order capabilities! atm, oanda still has it on them cause they have the tighest spreads and no commission; but they lack execution function, but i heard they will be catching up soon.

i think IB could be #1 for FX soon.

keep moving onwards & upwards IB:)

Go IB go!!! Oanda still have the upper hand due to variable lot size start from 1 unit (IB too have it but it starts from 25,000 units) and IB's comm structure which is very punishing for small lot sizes.
 
Don't misunderstad me. I am not large enough to personally switch, but I think IB, is building slowly and is becoming the only honest Forex offered, not that my current market maker is otherwise.

As far as I am concerned its between the two....

I still am confused how IB pays/charges interest, both on the funds in cash and the differential in the pairs.

Michael B.


Quote from Remiraz:

ES, i'm supporting u all the way...screw FX dealers, IB all the way woohoo!
 
Quote from ElectricSavant:

Don't misunderstad me. I am not large enough to personally switch, but I think IB, is building slowly and is becoming the only honest Forex offered, not that my current market maker is otherwise.

As far as I am concerned its between the two....

I still am confused how IB pays/charges interest, both on the funds in cash and the differential in the pairs.

Michael B.

As fellow Oandian I'll be glad to lend a helping hand:

http://www.interactivebrokers.com/en/accounts/fees/interest.php?ib_entity=llc#credit

Hope to be fellow IBians soon~ ^_^
 
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