So I have a question. This will probably involve the most experienced in the markets.
We know forex liquidity is 6.6 trillion per day. But exactly How much lots can move the market?
For instance, the 6.6 trillion will be matched orders. There could be unmatched bids and offers that will allow say 500 lots more in EURCAD during the London session. Do we have an idea of the percentage of bid and offers that are matched vs unmatched and could this increase the chance of trading larger lot sizes?
Clearly there will be a limit to trades eventually but dividing 6.6 trillion by the number of seconds in a day to determine the reasonable maximum lots per second may not take into account unmatched bids and offers.
We know forex liquidity is 6.6 trillion per day. But exactly How much lots can move the market?
For instance, the 6.6 trillion will be matched orders. There could be unmatched bids and offers that will allow say 500 lots more in EURCAD during the London session. Do we have an idea of the percentage of bid and offers that are matched vs unmatched and could this increase the chance of trading larger lot sizes?
Clearly there will be a limit to trades eventually but dividing 6.6 trillion by the number of seconds in a day to determine the reasonable maximum lots per second may not take into account unmatched bids and offers.