Welcome to NexusFi: the best trading community on the planet, with over 200,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- discounts are available after registering.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
If CFDs are a contract with the broker and there's no central market aside from the clients and the broker. Is that likely to mean that the volume showing bar by bar [for a stock for example] is the volume traded WITHIN the brokerage [the sum total of trades between broker and clients] OR do they port in volume from futures or something??
Part of what I'm aiming for is to find out if a CFD account [DMA CFD with IB] would be suitable for learning the DOM. The aggregate feed from IB and it's suitablility for learning the DOM is I guess another question for another thread
Can you help answer these questions from other members on NexusFi?
I contacted the Broker in this case IG Markets. I wasn't really expecting a straight answer, but #I think# I got one 'The volume indicates the amount traded on the exchange for the share. It is not transactions between IG and its clients' - they said.
I thought the answer would be something less simple.
I got the same response talking to IG:
"We offer trade volumes on CFD accounts in accordance with the volumes available in the underlying market
hence , the volume that appears on the trading platform is the actual of the underlying market"
