FAIL (the browser should render some flash content, not this).
The spot foreign exchange market can exhibits extreme price volatility, a condition known as a "fast market". Fast market conditions may be caused by various factors including, but not limited to, news releases such as non-farm payroll numbers, order imbalances-significantly greater orders of one type (e.g., "buys") than another type (e.g., "sells").
During the extreme price volatility in fast markets, currency pair prices can "gap" and spreads widen. A price gap occurs when the price of a currency pair either jumps or plummets from its last bid/offer quote to a new quote, without ever trading at prices in between those quotes. As an example, the Euro/US Dollar currency pair may move from a bid/offer of 1.3407 ? 1.3409 and begin trading at 1.3418 ? 1.3420, without ever trading at the prices between those quotes. At these times both stop-loss and entry stop orders will either be executed at their requested rate , if the market has traded there, or at the next recorded price in the market, regardless of order size.
E-mail: info@amifx.com