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Old 01-06-2009, 08:33 PM
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MBT_Justin MBT_Justin is offline
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Since this seems to come up quite a bit, I'm going to post the information here:

Regarding the Quotes

* Live quotes in Nav and Live quotes in Meta are the same.
* Demo quotes in Nav and Demo quotes in Meta are the same.

So for example, using the EUR/GBP. Let's say that the quote is 0.9040 by 0.9050 at the bank level (which is probably wider than it would really be during European, but let's give that example).

Now, let's say in the Live environment, one of our customers places a Limit order to buy 10 EUR/GBP at 0.9045. That now becomes the bid, so the quote in the live environment is now 0.9045 by 0.9050. But demo would still show 0.9040 by 0.9050. A 5 pip difference. Note that the same would be true in reverse if someone in Demo put a buy limit at 0.9045. The live quote would still be 0.9040 by 0.9050 because obviously the demo order isn't real for a live trader to hit.

So those are the only differences you'll see in quotes, which is the same as comparing our Nav demo quotes to Nav live quotes.

Regarding Back Testing

Backtesting. When we come off of Beta, we will have years of backdata available. In the meantime, there is about one month's data, and some of it has gaps from when we put code updates on the server.

We will not be installing the backdata until we go live for a variety of reasons, one of which is that it still gets messed up as we continue to update our bridge with fixes.

Justin LeBlang
MB Trading
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