How a Forex system operates in real time
Online foreign exchange trading occurs in real time. Exchange rates are constantly changing, in intervals of seconds. Quotes are accurate for the time they are displayed only. At any moment a different rate may be quoted. When a trader locks in a rate and executes a transaction, that transaction is immediately processed; the trade has been executed.
Up-to-date exchange rates
As rates change so rapidly , any Forex software must display the most up-to-date rates. To accomplish this, the Forex software is continuously communicating with a remote server that provides the most current exchange rates. The rates quoted , inlike traditional bank exchange rates, are actual tradable rates. A trader may choose to "lock in" to a rate (called the "freeze rate") only as long as it is displayed.
Showing posts with label Forex on the internet. Show all posts
Showing posts with label Forex on the internet. Show all posts
Subscribe to:
Posts (Atom)