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.Get the 5 most predictable currency pairs