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Very Stupid Question - Spread on Instruments

 
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borkyork

Very Stupid Question - Spread on Instruments

Hi everyone,

I know I should know this answer but I don't.  Can someone either point me in the right direction to find my answer or just tell me outright if you could?

How do I tell the spread of the instruments in Alveo?  I just placed 3 trades without ever really having a problem with spread before but I was down 25 and 32 pips immediately upon opening the trades at 12/10/18 10:31:47p and 10:31:58p.  They were GBP/AUD and GBP/CHF.  

Thanks!
Brandon

Mon, 12/10/2018 - 6:42pm
 
trey.d.ingstuff

Hi Brandon

I've found that looking at One-Click Trading is the easiest for me. Since the spreads are constantly changing, it gives me the most current spread. The spread is listed immediately above the Sell button. The attached file shows the One-Click Trading module. I've noticed that spreads can get very large in the 5PM-6PM (US/Eastern) or 10PM-11PM GMT because volume is low.

 
trey.d.ingstuff

Here's the attachment

Screen Shot 2018-12-10 at 5.42.42 PM.png
 
borkyork

Wow. Thank you so much. So elementary... but this is the first time I traded during that time so I just didn't know. Now I do! Thanks a lot Trey D Ingstuff :)

 
MrBadger

Same thing happened to me borkyork. I opened a gbpnzd trade with a 1.2 pip spread and it closed minutes later, down 26 pips. Spread went to 23.