Quote Discrepancies

This is a discussion on Quote Discrepancies within the Forex Brokers forums, part of the Commercial category; Hello, New to forex and have a question that might expose some ignorance . . . but what would account ...

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Old Jun 20, 2012, 7:15am   #1
 
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Joined May 2012
Quote Discrepancies

Hello,

New to forex and have a question that might expose some ignorance . . . but what would account for quote discrepancies of the same pair between two different brokers?

For example, OptionsXpress quotes the 1:00 am (Eastern US) 30-min high for GBP/USD as 1.57340 and Oanda quotes the high for the same bar as 1.57320.

Any insight is greatly appreciated.
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Old Jun 20, 2012, 1:57pm   #2
Joined Dec 2004
Re: Quote Discrepancies

Brokers have different liquidity providers, so can sometimes have marginally different quotes.
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