USDCHF April Month-End: yet another perfect example of why switching to the Siren FX benchmark allows investors to benefit from the 20 minute window, achieving a raft of better earlier prices, which in this case would have delivered the majority a saving of $1080 per million. Siren FX can be accessed through major liquidity providers, for more information info@sirenfx.co.uk #fxtrading #4pmfix #bestexecution #assetmanagment
When you ponder that investors often think they are paying about $15 per million to trade on the 4pm fix, it shows that a hidden market impact cost of $1080 is an eye watering 72 times more than they were expecting.
Very interesting month end analysis from Siren FX as usual. Contact them if you are interested in this!
CEO at EOSE
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