Can anyone explain this?

oriana

Junior member
31 0
I was looking at the currencies prices on the choiceodds site, and then at binarybet. On the choice odds site, it quotes, for example, the £/$ opening level as 19885, but binarybet quotes it as 19874. Same applies for other currency pairs. Can anyone explain why this is so? And is this why the prices vary so much between the 2 companies?
 

NotQuiteRandom

Well-known member
295 17
It is likely a function of what time of day they call 'opening' as the FX markets are not in a central location they do not 'open' and 'close' in the classic sense. It is therefore a bit subjective what time they use.
 
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock