AsstModerator
FPA Forums and Reviews Admin
- Messages
- 5,744
This one comes up every now and then. For some reason, 3 people asked it this month...
Is there a reliable source for price feeds and spread that's not connected to a broker?
Usually, I or one of my people would tell the person to cross-check 3 or 4 ECN brokerages. The problem is that some brokers claim to be ECN and aren't. Others are ECN, but can still manipulate spreads. Even good ECN brokers will be connected to different liquidity providers. This means that their prices and spreads won't match exactly.
Since there's no central exchange, a perfect price feed doesn't exist. What's the closest to perfect that anyone's found?
.
Is there a reliable source for price feeds and spread that's not connected to a broker?
Usually, I or one of my people would tell the person to cross-check 3 or 4 ECN brokerages. The problem is that some brokers claim to be ECN and aren't. Others are ECN, but can still manipulate spreads. Even good ECN brokers will be connected to different liquidity providers. This means that their prices and spreads won't match exactly.
Since there's no central exchange, a perfect price feed doesn't exist. What's the closest to perfect that anyone's found?
.