I'm trying to find the most liquid market during US news releases to capitalize on short term moves in the particular market. Forex is not as liquid as people believe. I've done research to support the idea that futures are much more liquid than Forex no matter where you execute trades.
The following is a quote from the Bank for International Settlements:
http://www.bis.org/publ/cgfs11ino_b.pdf
The following is a quote from the Bank for International Settlements:
http://www.bis.org/publ/cgfs11ino_b.pdf
3) The speed of price discovery
seems to be faster in futures markets than in cash markets in most of the cases, partly reflecting higher
accessibility and faster order-processing in futures markets. In such cases, it may be concluded that
futures markets are deeper and more liquid than cash markets, in the sense that they quickly reflect
incoming information, thus the degree of information content is high.
It really is that easy.