Lornz

If you don't have access to the interbank market, I wouldn't touch forex. Price discovery is virtually nonexistent. If you trade a liquid market, there will only be a 1 tick spread -- the smallest amount possible. In less liquid markets there will be larger spread, which is set buy supply/demand. In your case, the CFD broker artificially sets the spread in order to make money. The market can open with a gap due to electronic trading outside the open outcry. I would suggest going to the website of the exchange in question and educate yourself about market mechanics. I am not familiar with your specific market, but if you decide to switch to Globex trading -- buy this book: Amazon.com: The CME Group Risk Management Handbook: Products and Applications (Wiley Finance) (9780470137710): CME Group, John W. Labuszewski, John E. Nyhoff, Richard Co, Paul E. Peterson, Leo Melamed: Books I am signing off this thread now.

I did not mean to sound aggressive, I was just being brief. If you don't know what a CFD is, then why are you trading it? Contract for difference - Wikipedia, the free encyclopedia Futures contract - Wikipedia, the free encyclopedia

You are not trading futures, you are trading CFDs... With the exception of a few ASX-listed CFDs, they are all OTC. You are receiving quotes from your broker, not the exchange. I don't know how I can make it any clearer.

IG Markets offers CFD trading, the spread is how they make their money. You are not watching the feed of the futures market!

Thanks for posting. I was hoping the CME would eventually post it online. Hopefully the manual will surface soon, as well...