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25/11/2009: New Forex Trading Platform Shows Traders Market Depth

FXCM, (http://www.fxcm.com) launched its one-of-a-kind forex trading platform, Active Trader.
 
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Active Trader displays an ECN type view of total liquidity available through the platform, providing two major advantages:
  • Transparency in Execution - Before trading, you should know the exact price at which a market order can be filled based on available liquidity
  • Short-Term Market Direction Indicator - If the amount of liquidity is heavily tilted towards either the bid or ask side, this indicates that short-term prices may be moving towards the side with less liquidity


 
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