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Volume question
http://www.dukascopy.com/swiss/english/forex/jforex/forum/viewtopic.php?f=65&t=23869
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Author:  tspeicher [ Wed 29 Sep, 2010, 09:45 ]
Post subject:  Volume question

Hi,

just a short question about the volume / volume indicator: the volume that we see, is this only the
volume traded on dukascopy or worldwide volume?

Author:  API Support [ Wed 06 Oct, 2010, 07:46 ]
Post subject:  Re: Volume question

It seems to be "worldwide volume" in your terminology.

Author:  dreamtheater [ Sat 16 Oct, 2010, 00:39 ]
Post subject:  Re: Volume question

Support wrote:
It seems to be "worldwide volume" in your terminology.

Hey support,
a serious question:
is this real volume of deals(contracts,millions) made on bid or ask price or tick volume ? When I switch between the "ask" or "bid" price menu on the charts it shows different values on volume indicator. So what is this really? Deals within Dukascopy, SWFX, Hotspot+LAVA+Currenex+..................., something else ?
Thanks

Author:  API Support [ Tue 19 Oct, 2010, 09:11 ]
Post subject:  Re: Volume question

It is a volume of deals (contracts,millions) OFFERED on bid or ask price by our counterparties.

For example:

Bank#1 places OFFER 50 MIO EUR/USD at 1.3401
Bank#2 places BID 13.6 MIO EUR/USD at 1.3402
A client places OFFER 5 MIO EUR/USD at 1.34012
.. etc.

Thus our common volume

EUR/USD 55 MIO SELL / 13.6 MIO BUY

Author:  dreamtheater [ Tue 08 Mar, 2011, 09:40 ]
Post subject:  A question to support

Hi support,
I have some further questions about Dukascopy volume , please help us to understand it better.
Regarding your previous post:
------------------
It is a volume of deals (contracts, millions) OFFERED on bid or ask price by our counterparties.

For example:

Bank#1 places OFFER 50 MIO EUR/USD at 1.3401
Bank#2 places BID 13.6 MIO EUR/USD at 1.3402
A client places OFFER 5 MIO EUR/USD at 1.34012
.. etc.

Thus our common volume

EUR/USD 55 MIO SELL / 13.6 MIO BUY
------------------

1. Does this volume include only limit orders like “Place Bid”, ”Place Offer” or orders at Market price (instant orders) too ?
2. Let's say we have a 1 min candle with span(high to low) 10 pips with 100 Mil. Bid Volume bar…
- does this mean 100 Mil. placed offers on BID ( inside and outside this 10 pips range) for a period of 1 min. OR volume offered on Bid price in the range of 10 pips (in our case 100 Mil. for 1 min.)?

3. If a bank places now an offer 50 pips away from the current price – will it be included in the current volume?
4. If a bank places an offer for 100 Mil but only the half of it is FILLED (50 Mil.) and price goes back away… what sum will be included in the volume – 100 or 50 Mil.?
5. If orders at Market price (instant orders) within SWFX are not included in the volume, can we see somewhere?

Thanks in advance

Author:  API Support [ Fri 18 Mar, 2011, 19:31 ]
Post subject:  Re: Volume question

1. This volume includes our counter-parties and our internal clients BIDs and OFFERs only.
2. 1 Min candle contains all ticks best BIDs and OFFERs within 1 minute range.
3. Yes, it will. It will be included in Total volume. In the platform in Market Depth table, only the 10 best BIDs \ OFFERs are displayed.
4. 50 MIO
5. No, you cannot.

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