IBFX Has 99.9% Execution Rate

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Interbank FX had an outstanding execution rate of 99.9% during the month of January 2011. Michael Greenberg reports about these figures, and emphasizes that this refers to all deals sent by clients.

While the overall rejection rate is 0.1%, trades of bigger sizes, between 5 to 50 lots, had a rejection rate of 0.3%. The average execution time is 7.16 milliseconds.

Since the new CFTC regulations came into effect in October, some forex brokers are ramping up their transparency practices. Transparency is good PR.

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About Author

Yohay Elam – Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

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