GAIN Capital has released the January 2011 trade execution scorecard for its retail division, FOREX.com.
Newly added to the FOREX.com execution scorecard is an execution rate statistic, showing that 99.7 percent of all valid trade requests were successfully executed in the period. In addition, FOREX.com now publishes a live spread feed on its website, displaying the current bid/offer spread for all products available for trading at FOREX.com.
Adding the new execution rate statistic to our scorecard and publishing our live spreads further demonstrates our commitment to providing traders with greater transparency into our business and the forex market in general. Our goal is to provide traders with the information they need in order to make more informed decisions - not only trading decisions but also about their choice of forex provider, said Glenn Stevens, CEO, GAIN Capital. The trading community has recognized our efforts to bring greater transparency to retail forex and we will continue to work in this direction.
FOREX.com's January 2011 execution scorecard represents orders executed on FOREX.com's FOREXTrader platforms during market hours between 1700 ET on December 31, 2010 and 1700 ET on January 31, 2011