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Thursday, January 5, 2012

The process of re-pricing

The process of raising the value of the currency in world foreign exchange means that you are working with a broker can not or do not want to give you trade on the basis of the price you specify. This usually happens in the market quickly, usually near the time of the announcement of significant news or some kind of shock to the system.Basically, you decide to buy or sell a particular currency at a specified price, and press a button to do so. When the Broker receives this command, you can be the market moved quickly to prevent the execution of a command on a specified price and then appear on your platform new pricing to inform you that the price has


 moved, and allows you to decide whether to accept the new price, which is almost always worse than the asking price. For this, ask forex brokers constantly before the implementation of the resolution .
What are the reasons for raising the value of the currency in the forex market?
As mentioned earlier, the markets usually move very quickly, but it is also possible to move quickly suddenly, when the announcement of important news. This makes it very difficult for the broker to execute the request at the price requested, a broker you are working with a broker the deal for him with him, and may be the so-called "pool of liquidity," or broker "intermediary" for the withdrawal of the request, or to raise prices or to refuse to recognize anything if you you want. The mediator believes that the price is not available is the price you have requested, and warns that you will get to fill the worst of what is required.
How to protect yourself from re-pricing?
It is easy to protect yourself from re-pricing in the case of a broker is strong. When you put a special request, you know a broker is willing to put the demand at a specified price or better price. So, tell them in advance that you will not pay more than the price set against the trade in foreign currencies, and you're ready to cancel the business process that are not consistent with this data Re-pricing is common in some markets, and is a part of any career in the foreign exchange market. But it indicates that the broker in the Forex currency appreciation in many cases (especially during fast markets), it is likely that the mediator is suffering from a lack of liquidity. In this case it might be better to change the average. If any revaluation during the times of the report of the ADP, you must give the opportunity for the mediator, where all intermediaries are under severe pressure during this period

 

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