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»Forums Index »Archive (2017 and earlier) »IQFeed Developer Support »forex: last always == bid?

Author	Topic: forex: last always == bid? (6 messages, Page 1 of 1)
zane -Interested User- Posts: 18 Joined: Aug 28, 2016	Posted: Apr 16, 2017 02:24 AM Msg. 1 of 6 what does last mean?
DTN_Jay_Froscheiser -VP, Product Operations- Posts: 1746 Joined: May 3, 2004 DTN IQFeed/DTN.IQ/DTN NxCore	Posted: Apr 16, 2017 09:02 AM Msg. 2 of 6 The field "Last", or "Last Trade Price" is always equal to the bid with forex data since forex is a quote only (bid/ask) feed (doesn't report actual trades). IQFeed uses the Last field for historical data. Thus, the historical data is derived from the Bid field. Jay Froscheiser Vice President, Active Trader Products
zane -Interested User- Posts: 18 Joined: Aug 28, 2016	Posted: Apr 16, 2017 08:55 PM Msg. 3 of 6 Jay, Thanks for the clarification. Is there any way to capture actual forex trades? Zane
DTN_Tim Walter -DTN Guru- Posts: 1238 Joined: Apr 25, 2006	Posted: Apr 17, 2017 12:17 AM Msg. 4 of 6 My understanding of this has always been that nothing of that nature is disseminated. The banks report their exchange rates and that sets the bid and ask values, but there is no single place that processes or publishes the individual transactions. Tim
zane -Interested User- Posts: 18 Joined: Aug 28, 2016	Posted: Apr 17, 2017 12:41 PM Msg. 5 of 6 Hi Tim, That makes sense, in general, but I wonder if there are any brokers who provide a feed of actual trades. Zane
DTN_Tim Walter -DTN Guru- Posts: 1238 Joined: Apr 25, 2006	Posted: Apr 17, 2017 12:50 PM Msg. 6 of 6 I do not believe so, but if you find something different than that, let me know, and I can escalate the request to add it in the future. Tim