I was looking at the CME and globex currency futures for example, but equivalent futures are alo traded on eurex , so it seems even future markets are not really centralized. More importantly, they account for only about 1% of the total forex volume, so they may fail in giving information about the actual volumes on the spot currency market.
Does anybody have information about the size of IB spot market compared to the volumes gloabally traded? Thanks Ly Also I think future are only about --- In [email protected], "Richard Dale" <[EMAIL PROTECTED]> wrote: > > It's probably a measure of the number of "ticks" aka price changes within a > particular period. > > > > The only meaningful measure of forex volume is that traded on futures > exchanges against futures contracts (eg. Chicago Mercantile Exchange) > > > > Best regards, > Richard Dale. > Norgate Investor Services > - Premium quality Stock, Futures and Foreign Exchange Data for > markets in Australia, Asia, Canada, Europe, UK & USA - > www.premiumdata.net > > From: Anju Layn [mailto:[EMAIL PROTECTED] > Sent: Saturday, 2 December 2006 1:07 AM > To: [email protected] > Subject: [amibroker] IB forex volumes > > > > Hi, > > I am trying to see the IB forex volume , which even if are not > representative of the global volume since forex is not a centralized market, > could still be useful to get an idea of what is going on. > Using the indicator volume(color) I get some red bar histogram which I doubt > has any relation to the volume since this does not show up anywhere (I guess > IB doesn't provide it). > Any idea of what that graph is? > Applied to other contracts such as future it seems to work. > > Also, even if IB doesn't provide volume for forex they could be obtained > from time and sales using GetRTDATA("TradeVolume" ) and averaging > appropriately.. > Is this already implemented somewhere? >
