Sunday, November 22, 2009
Order quotation and fulfillment in a highly volatile market
Rapid changes normally occur in the market after release of important macroeconomic parameters, economic or political news of in case of force majeure events. In this case, spread may be slightly widened, and a dealer has the right to change the price and to suggest that a transaction should be entered into at a new price but orders are fulfilled in strict conformity with stated prices.
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