Greetings,
Could anyone explain how the market price for the exotic cross pairs, such as the GBPCHF, is calculated....?
Thanks
Could anyone explain how the market price for the exotic cross pairs, such as the GBPCHF, is calculated....?
Thanks
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DislikedGreetings,
Could anyone explain how the market price for the exotic cross pairs, such as the GBPCHF, is calculated....?
ThanksIgnored
DislikedThanks Scott for the reply. I interpret your response as an answer to 'how pip values are calculated for various cross pairs.' I am interested in how the actual market price of an exotic is calculated. For example: Tonight we have a snapshot of the following prices: USDCHF 1.1329 / 1.1335 EURUSD 1.4732 / 1.4736 I would like to know how the market makers justify their price for the EURCHF of 1.6683 / 1.6688 I am mentioning bid/ask just for info. The spread is not of any concern. thanks, Phil {image}Ignored