By iamcryptic · Posted
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Question
DRAC
Can someone explain the various reasons why The 'spread' for GBP-USD forward contracts would suddenly widen from the usual 2 to a whooping '10' (Ten) without any significant pending Financial news that may usually cause such temporary widening? Iam trully gumsmacked!! because I had short order to to sell at 12225.0 and market traded up to 12228.5 yet, my order was not filled and that was when I realised the spread had been widened to a ridiculous '10'. Luckily I have recorded everything and I'm hoping someone will come up with a satisfactory answer for the sake of my friends whom I was incidentally trying to introduce to IG. I looked really really really stupid trying to explain to them the reason I did not get filled on that order . Come to think of it, I must say I have experienced several other situations where i did not get filled on my orders or taken out of a trade that I should not have lost. Whats going on??
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