R Remiraz Jul 24, 2005 #1 IDEAL allow exchange of one currency with another thru IB right? I know there are horrific spreads, but what are the spreads like? :eek:
IDEAL allow exchange of one currency with another thru IB right? I know there are horrific spreads, but what are the spreads like? :eek:
def Sponsor Jul 24, 2005 #2 Quote from Remiraz: IDEAL allow exchange of one currency with another thru IB right? I know there are horrific spreads, but what are the spreads like? :eek: More... The spreads are typically much better than you'd get if you went through your bank.
Quote from Remiraz: IDEAL allow exchange of one currency with another thru IB right? I know there are horrific spreads, but what are the spreads like? :eek: More... The spreads are typically much better than you'd get if you went through your bank.
A alanm Jul 25, 2005 #3 Here's a snapshot of the rates in local currency vs. USD: AUD: 1.3151-1.3167 CAD: 1.2188-1.2200 CHF: 1.2949-1.2961 EUR: 0.8283-0.8290 GBP: 0.5754-0.5757 HKD: 7.7685-7.7794 JPY: 111.89-111.98
Here's a snapshot of the rates in local currency vs. USD: AUD: 1.3151-1.3167 CAD: 1.2188-1.2200 CHF: 1.2949-1.2961 EUR: 0.8283-0.8290 GBP: 0.5754-0.5757 HKD: 7.7685-7.7794 JPY: 111.89-111.98
L late apex Jul 25, 2005 #4 Quote from alanm: Here's a snapshot of the rates in local currency vs. USD: AUD: 1.3151-1.3167 CAD: 1.2188-1.2200 CHF: 1.2949-1.2961 EUR: 0.8283-0.8290 GBP: 0.5754-0.5757 HKD: 7.7685-7.7794 JPY: 111.89-111.98 More... Wonder if your GBP/USD IDEAL quote is a typo. 3 pips is the typical IDEALPro cable spread. It's 10 pips on IDEAL right now (13:27 EDT), 1.7453-63 up to 150,000.
Quote from alanm: Here's a snapshot of the rates in local currency vs. USD: AUD: 1.3151-1.3167 CAD: 1.2188-1.2200 CHF: 1.2949-1.2961 EUR: 0.8283-0.8290 GBP: 0.5754-0.5757 HKD: 7.7685-7.7794 JPY: 111.89-111.98 More... Wonder if your GBP/USD IDEAL quote is a typo. 3 pips is the typical IDEALPro cable spread. It's 10 pips on IDEAL right now (13:27 EDT), 1.7453-63 up to 150,000.
A alanm Jul 25, 2005 #5 I just snapped the quotes - didn't really look at them carefully. Someone must have been bidding/offering inside the normal spread.
I just snapped the quotes - didn't really look at them carefully. Someone must have been bidding/offering inside the normal spread.
