Download fxTrade Platform User Guide

Transcript
fxTrade Interface
Quote List and Quote Panel
In This Section
What Are The Quote List and Quote Panel?
How Rates Are Shown in the Quote List and Quote Panel
Actions You Can Take from the Quote List and Quote Panel
Place a Market Order with One Click from the Quote Panel
What Are The Quote List and Quote Panel?
The Quote List and Quote Panel show different views of the current OANDA buy/sell rates for
currency pairs supported by the fxTrade Platform. These rates are updated in real time.
When there is movement in the exchange rate for a currency pair, the up/down (green/red)
indicators alert you to the direction of change. These indicators help you track the currency pairs
you're not currently viewing in the graph.
View the Quote List and Quote Panel by clicking on their respective tabs:
Quote List
Quote Panel
How Rates Are Shown in the Quote List and Quote Panel
The first rate displayed is the bid (sell) rate (the rate at which you would sell the base currency
and buy the quote currency). The second rate is the ask (buy) rate (the rate you would buy the
base currency and sell the quoted currency). For more information on bid and ask rates, refer to
the currency trading conventions page of the fxTrade web site tutorial.
Most currency pair quotes use five decimal places, with the fourth decimal place the "pip" and the
fifth decimal place the "pipette." Some pairs use three decimal places (for example, XAU/USD or
those with a quote currency of JPY, THB, or HUF). In this case, the pip is the second decimal
place and the pipette is the third decimal place.
Actions You Can Take from the Quote List and Quote Panel
•
Click the Quote List tab to switch to the list view of rates; click the Quote Panel tab to
switch to the panel view of rates.
•
Click
•
Click on a currency pair's ask price to open a buy order window for that currency pair.
to open a filter window to specify which rates you want to be displayed.
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