Dukascopy
 
 
Wiki JStore Search Login

Attention! Read the forum rules carefully before posting a topic.

    Submit JForex API function requests in this forum only.
    Off topics are strictly forbidden.

Any topics which do not satisfy these rules will be deleted.

Mid spread price
 Post subject: Mid spread price Post rating: 1   New post Posted: Fri 10 Oct, 2014, 16:10 

User rating: 1
Joined: Tue 14 Jan, 2014, 16:13
Posts: 21
Location: United KingdomUnited Kingdom
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.


 

Jump to:  

  © 1998-2024 Dukascopy® Bank SA
On-line Currency forex trading with Swiss Forex Broker - ECN Forex Brokerage,
Managed Forex Accounts, introducing forex brokers, Currency Forex Data Feed and News
Currency Forex Trading Platform provided on-line by Dukascopy.com