Price spikes

I was speaking to an FX broker yesterday, I mentioned to him that the price feed that his company uses is much 'smooother' than the broker I am currently using (both are market makers). He said that was because his company uses many different price feeds compared to the broker i'm using and therefore giving a more realistic view of the actual price of the market. He said this helps reduce price spikes and re-quotes to almost 0, it also helps stop poor fills as the price you see is the price you can trade at.



This makes sense to me but what is your opinion?

Absolutely makes sense to me too.

There not being any central exchange in spot fx you need to get transactions from as many real or at least from all or most of the major market participants piped in to your feed to get the closest semblance to what really happened price wise I'd say.

Futures have a clear advantage there.

I believe the Alpha Romeo Spyder was designed by a drunk Italian. Poor design.