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| Mid spread price http://www.dukascopy.com/swiss/english/forex/jforex/forum/viewtopic.php?f=83&t=51762 |
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| Author: | liamroche [ Fri 10 Oct, 2014, 16:10 ] |
| Post subject: | Mid spread price |
It would be nice if a MID price was available in general as well as a BID and ASK. It would make sense to add this as an alternative "offer side" even though it is technically not strictly one. The argument for this being often a good thing to use is that it distinguishes spread widening from a move. When the spread widens, the bid suggests prices are falling and the ask suggests price is rising, and vice versa on spread contraction. Not a huge issue for many purposes, but this would be a relatively simple refinement with a solid rationale. |
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