Can anyone explain this?

[oriana]

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]

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.