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The Collective FX
MaXeY,
Please don't think I am lecturing, but this is an important point and I thank you for pointing it out.
During high periods of volatility, such as news, then many (possible all Dealing Desk) Brokerages widen the spread greatly. The have to.
The reason is because they are always on the other side of your trade and they want the best advantage they can get. So if you place a trade with them they'll hold it until they can work out a way of positioning themsleves in a way as to profit the best (hence the delays). If they quoted normal pricing (unwidened spreads) then they would be exposed to the potential of many traders suddenly making large amounts of fast money, which means that given that they are on the other side of the trade, then they lose.
The spread widening is a protective measure to try and ensure that their exposure is minimal. After all, news is news. We've all seen pricing spike high then low. Their dealers, even their automated dealers have a hard time of working our how best to transact with their customers orders.
I know that sounds paranoid. But I assure you it is common practice.
So to answer your question. Our spreads widen in tune with the 'real' market (minimally). I'd encourage you to download the ShowSpreads EA that I posted on our site and apply it to a chart during news. It will save every quote to a file, so you can review the spread fluctuations for yourself.
As for execution. Nothing changes during news. If you place a market order and the 'real' market moves then you are going to get slipped. But you will get filled and in the same manner as during regular trading.
If I haven't answered your question fully then please let me know.
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