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Date/Time: Sat, 18 May 2024 05:12:38 +0000

Post From: Spot fx volume which displays on SC charts via LMAX data feed

[2016-06-10 12:58:56] Link To Thread - Link To Post [Go To First Post]
bootsy - Posts: 63
Hi there, Rang LMAX today and they have said that they do not release volume data with their data feed. However, on SC charts on spot fx pairs, when selecting the volume histogram, volume of some kind is displayed. Can you confirm where this volume is coming from? I am aware that this is not futures, and that centralised volume does not exist in spot fx. Is the volume being displayed in the histogram coming from trades being transacted through LMAX, or through SC itself? If the volume being displayed is coming from LMAX, can you please explain what it represents. E.g. volume of 100 in one minute of trading means 100 of what. 100,000 notional. 1 million? Or just the amount of trades that actually were transacted, and could actually be 100 trades that in reality could have been of $1 value each? Thanks for any insight you can provide.